Project S requires an initial outlay at t = 0 of $13,000, and its expected cash flows would be $6,000 per year for 5 years. Mutually exclusive Project L requires an initial outlay at t = O of $46,500, and its expected cash flows would be $11,200 per year for 5 years. If both projects have a WACC of 13%, which project would you recommend? Select the correct answer. Oa. Project L, since the NPVL > NPVs. Ob. Project S, since the NPVs > NPVL. Oc. Both Projects S and L, since both projects have IRR's > 0. Od. Both Projects S and L, since both projects have NPV's > 0. Oe. Neither Project S nor L, since each project's NPV