10,100 per year for 5 years. If both projects have a WACC of 12%, which project would you recommend? belect the correct answer. a. Both Projects S and L, since both projects have IRR's >0. b. Both Projects S and L, since both projects have NPV's >0. c. Project L , since the NPV L
>N>V 5
. d. Neither Project S nor L, since each project's NPV<0. e. Project 5 , since the NPV S
>NPV L
.