23.01 32 You are considering mutually exclusive projects: Burnout and Longlasting. Burnout requires an initial investment of $36, has a 3 year life, and will have revenues of $100 per year. Longlasting requires an investment of $60, has a 5 year life, and will have revenues of $88 per year. The salvage value is zero in either case. Your tax rate is 30% and required return is 10%. You must choose between the two and expect to replace them forever. You should Select one O a Take the option with the lowest payback period O b. Take the option with the greater PL O c. Take the option with the lowest IRR d. Take the option with the greater positive NPV O e Take the option with the greater positive EANPV (equivalent annual Net Present Value)