Project S costs $19,000 and its expected cash flows would be $4,500 per year for 5 years. Mutually exclusive Project L costs $31,000 and its expected cash flows would be $12,800 per year for 5 years. If both projects have a WACC of 15%, which project would you recommend? Select the correct answer. a. Neither Project Snor L, since each project's NPV NPVL c. Both Projects S and L, since both projects have IRR's > 0. d. Project L, since the NPVL > NPVS. e. Both Projects S and L, since both projects have NPV's > 0