A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2. 3 4 5 Project 1 -$350 $60 $60 Project 2 -$550 $200 $200 Which project would you recommend? $60 $105 $225 $105 $225 $105 Select the correct answer. a. Both Projects 1 and 2, since both projects have IRR's > 0. b. Neither Project 1 nor 2, since each project's NPV NPV1. d. Project 1, since the NPV1 > NPV2. O e. Both Projects 1 and 2, since both projects have NPV's > 0