A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 Project 1 -$500 $55 $55 Project 2 -$600 $350 $350 Which project would you recommend? $55 $120 $210 $120 $210 $120 Select the correct answer. O a. Neither Project 1 nor 2, since each project's NPV 0. O c. Project 1, since the NPV1 > NPV2. O d. Both Projects 1 and 2, since both projects have IRR's > 0. O e. Project 2, since the NPV2 > NPV1