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A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 23 4 5 Project 1 Project 2 - $250

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A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 23 4 5 Project 1 Project 2 - $250 - $600 $50 $350 $50 $350 $50 $140 $235 $140 $235 $140 Which project would you recommend? Select the correct answer. a. Neither Project 1 nor 2, since each project's NPV 0. O c. Project 2, since the NPV2 > NPV1. O d. Project 1, since the NPV1 > NPV2. e. Both Projects 1 and 2, since both projects have NPV's > 0

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