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6. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) A firm with a WACC of 10% is considering the following mutually exclusive projects: I Which

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6. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) A firm with a WACC of 10% is considering the following mutually exclusive projects: I Which project would you recommend? Select the correct answer. a. Project 2, since the NPV2>NPV1. b. Both Projects 1 and 2, since both projects have NPV's >0. c. Project 1, since the NPV > NPV 2. d. Both Projects 1 and 2, since both projects have IRR's >0. e. Neither Project 1 nor 2 , since each project's NPV

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