A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below: Year 0 Year 1 Year 2 Year 3 Year 4 Cashflow for S -100 40 50 30 30 Cashflow for L -100 10 10 50 90 Assume the company can get an unlimited amount of capital at that cost. WACC NPV (S) NPV (L) 5% 10% 15% 20% 25% Assume the WACC is 10%. Which of the following statements is correct? (Hint: complete the NPV profile) Select one: a. If the WACC is smaller than the crossover rate, a conflict arises between the NPV and the IRR methods. b. If the WACC is smaller than the crossover rate, you will choose project S using the NPV method. c. The crossover rate should be smaller than 5%. d. The crossover rate should be between 15% and 20%. e. The crossover rate should be between 10% and 15%