Question: Given a 5-year Project Ss NPV is $319 and its IRR is 13.5%; and another 5-year Project Ls NPV is $334 and its IRR is

Given a 5-year Project Ss NPV is $319 and its IRR is 13.5%; and another 5-year Project Ls NPV is $334 and its IRR is 13%. Assume Project S and Project L are mutually exclusive and both projects have the same WACC, which project(s) would you recommend?

A) Project S

B) Project L

C) Both of them

D) Neither of them

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