Below is a graph of the NPVS of Projects L and S at different discount rates. Which of the statements below is incorrect? NPV 60 ($) 50 40 30 20 10 -10 0 5 10 10 Crossover Point = 8.7% IRR = 18.1% S IRRS = 23.6% Discount Rate (%) 15 20 23.6 If the discount rate is less than 8.7%, Project L will have a lower NPV than Project S. O Project L will have a negative NPV if the discount rate is higher than 18.1%. If the projects are independent and the discount rate is 15%, both projects would be acceptable. If the discount rate is 24%, the company should NOT undertake Project S. O At the crossover point, both projects will have the same NPV.