Word File EditView Insert Format Tools Table Window Help 32% D Wed 2:45 PM a Document4 a Search in Document msu.i Home Insert Design Layout References Mailings ReviewView ?Share ^ ecipes No Spacing Headng 1 Styles Pane Heading 2 Subiie Subeie Hel Consider two projects with the following cash flows: Project S is a 4 year project with initial (time 0) cash outflow of 3000 and time 1 through 4 cash inflows of 1500, 1200, 800 and 300 respectively. Project L is a 4 year project with initial (time 0) cash outflow of 3000 and time 1 through 4 cash inflows of 400, 900, 1300, and 1500 respectively. Assuming a 5% cost of capital, determine which project should be chosen if the projects are independent. Page 1 of 83 Words r English (US) ?? Focus 100%