A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 N 3 4 5 5 Project 1 -$400 $70 $70 Project 2 -$650 $200 $200 Which project would you recommend? $70 $135 $195 $135 $195 $135 Select the correct answer. Oa. Both Projects 1 and 2, since both projects have NPV's > 0. b. Both Projects 1 and 2, since both projects have IRR's > 0. c. Project 1, since the NPV1 > NPV2. Od. Neither Project 1 nor 2, since each project's NPV NPV1