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A firm with a WACC of 10% is considering the following mutually exclusive projects: Project 1 Which project would you recommend? Select the correct answer.

image text in transcribed A firm with a WACC of 10% is considering the following mutually exclusive projects: Project 1 Which project would you recommend? Select the correct answer. a. Project 1, since the NPV 1>NPV2. b. Both Projects 1 and 2, since both projects have IRR's > 0 . c. Both Projects 1 and 2, since both projects have NPV's > 0 . d. Project 2, since the NPV 2>N2V1. e. Neither Project 1 nor 2, since each project's NPV

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