Projects requires an initial outlay at t 0 of 516,000, and its expected cash flows would be $5,500 per year for 5 years. Mutually exclusive Project requires an initial outlay at t = 0 of $28,000, and its expected cash flows would be $8,400 per year for 5 years. If both projects have a WACC of 15% which project would you recommend? Select the correct answer Oa. Project L, because the NPV > NPVS. Ob. Neither Project Snor, because each project's NPV 0. Od. Projects, because the NPVs > NPVI. Oe. Both Projects S and L, because both projects have NPV's > 0