A firm with a WACC of 10% is considering the following mutually exclusive projects: Project 1 -$400 $45 $45 Project 2 -$400 $250 $250 Which project would you recommend? $45 $105 $220 $105 $220 $105 Select the correct answer. a. Project 1, since the NPV1 > NPV2. b. Neither Project 1 nor 2, since each project's NPV 0. O d. Project 2, since the NPV2 > NPV1. Ce. Both Projects 1 and 2, since both projects have NPV's > 0