Question Completion Status: Moving to another question will save this response Question 3 Question 3 of 21 points Projects 5 and L. whose cash flows are shown below, are mutually exclusive, equally risky, and not repeatable. Hooper inc is considering which of these two projects to undertake if the decisions made by choosing the project with the higher RR, how much value will be forgone? Note that under certain conditions choosing projects on the basis of the IRR will not cause any value to be lost because the project with the higher (RR wit have the higher NPV, so no value will be lost if the IRR method is used CFS OM479 $5728 $67 08 $114.29 $125.36 $2.050 $4,000 1000 $870 4700 $1,000 $1.518 SLOW $13504 Question AMPRUUN PURUMA Moving to another question will save this response. uestion 3 Question 3 of 21 4 paints Tam Projects S and L, whose cash flows are shown below, are mutually exclusive, equally risky, and not repeatable. Hooper Inc. is considering which of these two projects to undertake. If the decision is made by choosing the project with the higher IRR, how much value will be forgone? Note that under certain conditions choosing projects on the basis of the IRR will not cause any value to be lost because the project with the higher IRR will also have the higher NPV, so no value will be lost if the IRR method is used. WACC Year CFS OFL $34.79 $57.28 $67.08 $114.29 O $125.36 10.25% 4 $2.050 $750 1000 $570 $700 $4,300 $1,500 $1,518 $1,436 $1.554