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10. Astute Inc. has a WACC of 9.8% and evaluates two mutually exclusive investment opportunities. The decision metrics for the two opportunities are: Opportunity 1:

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10. Astute Inc. has a WACC of 9.8% and evaluates two mutually exclusive investment opportunities. The decision metrics for the two opportunities are: Opportunity 1: NPV1 = $51,000 Opportunity 2: NPV2 = $43,000 IRRI = 11.8% IRR2 = 13.5% Which of the following statements is true? A. The firm should invest in Opportunity 1 and reject Opportunity 2. B. The firm should invest in Opportunity 2 and reject Opportunity 1. C. There is not enough information to decide between the two opportunities. D. The firm should invest in neither opportunity, E. All of the above statements are true

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