17. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 $60 Project 1 -$250 $60 Project 2 -$500 $200 $200 Which project would you recommend? $60 $145 $175 $145 $175 $145 Select the correct answer. Oa. Neither Project 1 nor 2, since each project's NPV NPV2. Oc. Both Projects 1 and 2, since both projects have NPV's > 0. Od. Both Projects 1 and 2, since both projects have IRR's > 0. Oe. Project 2, since the NPV2 > NPV1