A firm with WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 Project 1 -$200 $75 $75 $75 $220 $220 Project 2 . -$400 $350 $350 $100 $100 $100 Which project would you recommend? Select the correct answer. a. Project 2, since the NPV2 > NPV1. b. Neither Project 1 nor 2, since each project's NPV < 0. Oc. Both Projects 1 and 2, since both projects have IRR's > 0. Od. Project 1, since the NPV1 > NPV2. e. Both Projects 1 and 2, since both projects have NPV's > 0.