Given a 5-year Project Ss NPV is $319 and its IRR is 14.5%; and another 5-year Project Ls NPV is $334 and its IRR is 13%. Assume Project S and Project L are mutually exclusive and both projects have the same WACC, which project(s) would you recommend? (No calculation is needed)

Question 12 options:

A)

Project L

B)	Both of them

C)	Neither of them

D)

Project S