A firm with a WACC of 10% is considering the following mutually exclusive projects 0 1 2 3 4 5 Project 1 -$500 $50 $50 Project 2 -$400 $250 $250 Which project would you recommend? $50 $150 $210 $150 $210 $150 Select the correct answer. a. Project 1, since the NPV1 > NPV2. b. Neither Project 1 nor 2, since each project's NPV NPV1. d. Both Projects 1 and 2, since both projects have IRR's > 0. e. Both Projects 1 and 2, since both projects have NPV's > 0