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

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

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