15, 16, 17, 20

A firm with a WACC of 10% is considering the following mutually exclusive projects: 1 2 4 5 - $40 $145 $200 $145 $200 $145 Project 1 -$400 $40 $40 Project 2 -$450 $250 $250 Which project would you recommend? Select the correct answer. O O O O O a. Project 2, since the NPV2 > NPV1. b. Both Projects 1 and 2, since both projects have IRR's > 0. 33 c. Both Projects 1 and 2, since both projects have NPV's > 0. d. Project 1, since the NPV1 > NPV2. e. Neither Project 1 nor 2, since each project's NPV 0. b. Both Projects Sand L, since both projects have IRR's > 0. c. Project S, since the NPVS > NPVL. d. Project L, since the NPVL > NPVS. e. Neither Project Snor L, since each project's NPV