Question: flows would be $14,350 per year for 5 years. If both projects have a WACC of 12%, which project would you recommend? Select the correct

 flows would be $14,350 per year for 5 years. If both

flows would be $14,350 per year for 5 years. If both projects have a WACC of 12%, which project would you recommend? Select the correct answer. a. Project S, since the NPVS>NPVL. b. Both Projects S and L, since both projects have NPV's >0. c. Neither Project S nor L, since each project's NPV NPVS. e. Both Projects S and L, since both projects have IRR's >0

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