A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 Project 1 -$400 $80 $80 Project 2 -$550 $250 $250 Which project would you recommend? $80 $130 $220 $130 $220 $130 Select the correct answer. O a. Both Projects 1 and 2, since both projects have NPV's > 0. O b. Neither Project 1 nor 2, since each project's NPV NPV. O d. Project 1, since the NPV4 > NPV2. O e. Both Projects 1 and 2, since both projects have IRR's > 0. Check My Work 0= Icon Key