Question 16 of 19 4 Points 5 Projects S and I are equally risky, mutually exclusive projects with normal cash flows. Project S has an IRR of 10%, while Project L's IRR is 8%. The two projects have the same NPV when the WACC is 6%. Which of the following statements is CORRECT A. If the WACC is 124, both projects will have a positive NPV. B. If the WACC is 5%, Project S will have the higher NPV. OC If the WACC is 10% Projects will have the lower NPV. D. If the WACC is 12%, both projects will have a negative NPV, E None of the statements above is correct Retet Selection