Project S costs $14,000 and its expected cash flows would be $5,500 per year for 5 years. Mutually exclusive Project L costs $38,500 and its expected cash flows would be $9,950 per year for 5 years. If both projects have a WACC of 16%, which project would you recommend? Select the correct answer. a. Both Projects S and L, since both projects have IRR's >0. b. Project S, since the NPVs > NPVL C. Project L, since the NPVL> NPVs. d. Both Projects S and L, since both projects have NPV's>0 e. Neither Project S nor L, since each project's NPV