A firm with a WACC of 10% is considering the following mutually exclusive projects: 1 5 $50 $205 $140 0 2 3 4 H Project 1 -$250 $50 $50 $205 Project 2 -$450 $350 $350 $140 $140 Which project would you recommend? Select the correct answer. O a. Both Projects 1 and 2, since both projects have NPV's>0. O b. Project 2, since the NPV2> NPV1. O c. Neither Project 1 nor 2, since each project's NPV NPV2. e. Both Projects 1 and 2, since both projects have IRR's > 0. Project requires an initial outlay at 0 of 514000, and its expected cash flow would be 14,000 per year for years Mutually requires tuy att 0 of 532.500, and expected cash now would be 59,400 per year for years of both projects have WACC which protect would you do Select the correct answer Project because the NPYNPU b. Both Projects and because both projects have IRRY Neither Project Snor because each projects PV O Both Projects and because both projects have O Projects, because the PNPVA