Oo oo eBook Projects requires an initial outlay att 0 of $15,000, and its expected cash flows would be $6,000 per year for 5 years, Mutually exclusive Project requires an initial outlay att of $38,000, and its expected cash flows would be $10,700 per year for 5 years. If both projects have a WACC of 13%, which project would you recommend? Select the correct answer a. Project because the NPV > NPVS. O b. Neither Project Snor, because each project's NPV 0 O d. Project S, because the NPV > NPL O e. Both Projects 5 and 1, because both projects have IRR's >0