Tesar Chemicals is considering Projects S and L$,$ whose cash flows are shown below. These projects are mutually

exclusive, equally risky, and not repeatable.

WACC: $7\mathrm{.}50\%$

Year $01234$

CFS $-$$$1,100$ $$550$ $$600$ $$100$ $$100$

CFL $-$$$2,700$ $$650$ $$725$ $$800$ $$1,400$

Find NPV$,$ IRR and discounted payback period for Project S$.$