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  1. business
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  3. project s requires an initial outlay at t = 0 of $

Project S requires an initial outlay at t = 0 of $11,000, and its expected...

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Accounting

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Project S requires an initial outlay at t = 0 of $11,000, and its expected cash flows would be $5,000 per year for 5 years. Mutually exclusive Project L requires an initial outlay at t = 0 of $47,500, and its expected cash flows would be $14,350 per year for 5 years. If both projects have a WACC of 13%, which project would you recommend? Select the correct answer. Oa. Project L, since the NPV > NPVs. Ob. Project S, since the NPVs > NPVL. c. Both Projects S and L, since both projects have IRR's > 0. Od. Both Projects S and L, since both projects have NPV's > 0. De. Neither Project S nor L, since each project's NPV

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