A firm with a WACC of 10% is considering the following mutually exclusive projects: 3 5 0 1 2 4 $70 $140 $215 $140 $215 $140 Project 1 -$500 $70 $70 Project 2 -$600 $200 $200 Which project would you recommend? Select the correct answer. O a. Both Projects 1 and 2 since both projects have IRR's > 0. b. Project 1, since the NPV > NPV2. O c. Project 2, since the NPV2 > NPV1. d. Neither Project 1 nor 2, since each project's NPV 0