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

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A firm with a WACC of 10% is considering the following mutually exclusive projects: Wnich project would you recommend? Select the correct answer. a. Project 1, since the NPV1>NPV2. b. Both Projects 1 and 2 , since both projects have NPV's >0. c. Both Projects 1 and 2, since both projects have IRR's >0. d. Neither Project 1 nor 2 , since each project's NPV NPV1

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