Project S costs $16,000 and its expected cash flows would be $4,000 per year for 5 years. Mutually exclusive Project L costs $47, 500 and its expected cash flows would be $14, 300 per year for 5 years. If both projects have a WACC of 13%. which project would you recommend? Select the correct answer. Project S, since the NPV_s > NPV_L. Both Projects S and L, since both projects have NPV's > 0. Project L, since the NPV_L > NPV_s. Neither S or L, since each project's NPV 0