7. 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 + Project 1 -$450 $60 $60 $60 $240 $240 Project 2 -$600 $300 $300 $150 $150 $150 Which project would you recommend? Select the correct answer. Ca. Both Projects 1 and 2, since both projects have IRR's > 0. Ob. Both Projects 1 and 2, since both projects have NPV's > 0. Oc. Project 1, since the NPV1 > NPV. Od. Project 2, since the NPV > NPV1. Oe. Neither Project 1 nor 2, since each project's NPV