A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 - 4 5 -$350 $70 $70 $70 $175 $175 Project 1 Project 2 -$650 $250 $250 $80 $80 $80 Which project would you recommend? Select the correct answer. a. Neither Project 1 nor 2, since each project's NPV NPV2. c. Both Projects 1 and 2, since both projects have IRR's > 0. d. Project 2, since the NPV2 > NPV1. Oe. Both Projects 1 and 2, since both projects have NPV's > 0