Question 8 (2.5 points) Three Sisters & Co. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. If the decision is made by choosing the project with the higher IRR, how much value will be forgone? Note that no change in value may exists if there is no conflict in decisions, that is choosing same project under both methods. Furthermore, projects could also have been rejected in the very first place. WACC: 9.5% 0 1 2 3 4 CFS -$1,225 $750 $450 $100 $400 CFL -$1,315 $200 $700 $500 $600 O+$24.41 O+$13.21 -$60.00 $0.00 -$24.41