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A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 Project 1 -$300 $50

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A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 Project 1 -$300 $50 $50 $50 $205 $205 Project 2 -$450 $300 $300 $145 $145 $145 Which project would you recommend? Select the correct answer. a. Neither Project 1 nor 2, since each project's NPV 0. d. Project 2, since the NPV > NPV.. e. Project 1, since the NPV. > NPV.

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