Sexton Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. At what discount rate will the two projects have the same net present value (NPV)? 4 WACC: 12.25% 0 1 2 CFS-$2,050 $750 $760 CFL - $4,300 $1,500 $1,500 3 $770 $1,500 $780 $1,500 13.28% 11.72% O 10.66% O 12.12% O 12.25%