EBay is planning to develop one of two mutually exclusive projects both with the same level of risk. One is a new software called "Fast Checkout", which assists in an efficient and accurate online checkout shopping experience. The other is a software called "Slick Supplier", which can help them to keep a live and accurate track of their suppliers' stock levels. Both projects are conventional investment projects with an initial cash outflow followed by a stream of cash inflows. The discount rate of 10% is the cross-over rate. Project "Fast Checkout" has an IRR of 14% while project "Slick Supplier" has an IRR of 18%. Which statement below is the most correct answer? Select one: a. If the discount rate is greater than 18%, both projects have negative NPVs. b. None of the answers are correct. C. If the discount rate is 12%, Project "Fast Checkout" has a higher NPV than Project "Slick Supplier". O d. If the discount rate is 8%, Project "Slick Supplier" has a higher NPV than Project "Fast Checkout". e. If the discount rate is 10%, the two projects have the same negative NPVs