A firm is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO wants to use the IRR criterion, while the CFO favours the NPV method, and you were hired to advise the firm on the best procedure. If the CEO's preferred criterion is used, how much value will the firm lose as a result of this decision? 
Definitions:
Corrosion
The process of deterioration and consumption of a material through a chemical reaction with its environment, often leading to weakening or destruction of the material.
Concentrated Lye
A highly caustic solution, often sodium hydroxide, used for cleaning, unblocking drains, and making soap.
Accidental Spillage
Unintended release or leak of substances, which could be hazardous or non-hazardous, due to mishandling or accidents.
First-listed Diagnosis
The primary medical condition diagnosed during a healthcare visit, determining the primary reason for the encounter.
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