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A firm with a WACC of 10% is considering the following mutually exclusive projects: Proj Proj Which project would you recommend? Select the correct answer.

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A firm with a WACC of 10% is considering the following mutually exclusive projects: Proj Proj Which project would you recommend? Select the correct answer. a. Project 2 , since the NPV2>NPV1. b. Neither Project 1 nor 2 , since each project's NPV 0. d. Project 1, since the NPV 1>NPV2

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