Project S requires an initial outlay at t = 0 of $13,000, and its expected cash flows would be $5,500 per year for 5 years. Mutually exclusive Project L requires an initial outlay att = 0 of $41,500, and its expected cash flows would be $11,600 per year for 5 years. If both projects have a WACC of 15%, which project would you recommend? Select the correct answer. Oa. Both Projects S and L, since both projects have IRR's > 0. Ob. Both Projects S and L, since both projects have NPV's > 0. Oc. Project L, since the NPVL > NPVS. Od. Project S, since the NPVs > NPVL. Oe. Neither Project S nor L, since each project's NPV