A firm's WACC $($weighted average cost of capital$)$ is $13\mathrm{.}6\%$

Proposed Project #$1$

Year Cash Flow

$0-7$

$1-9$

$2-15$

$39$

$413$

$58$

$650$

$732$

Proposed Project #$2$

Year Cash Flow

$0-10$

$1-9$

$2-11$

$3-13$

$413$

$520$

$627$

$749$

Please compute each project's Net Present Value.

Assume any project that has a zero or positive NPV should be accepted.

Which of the following statements is true?