Check My Work (No more tries available) eBook Project S costs $20,000 and its expected cash flows would be $6,000 per year for 5 years. Mutually exclusive Project L costs $49,500 and its expected cash flows would be $9,900 per year for 5 years. If both projects have a WACC of 15%, which project would you recommend? Select the correct answer. O a. Both Projects S and L, since both projects have NPV's > 0. O b. Neither Project Snor L, since each project's NPV 0. O d. Project L, since the NPVL > NPVs. O e. Project S, since the NPVs > NPVL. Hide Feedback Incorrect Check My Work (No more tries available)