B eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 3 4 5 0 1 2 - Project 1 -$200 $80 $80 Project 2 -$700 $250 $250 Which project would you recommend? Select the correct answer. $80 $120 $235 $120 $235 $120 a. Both Projects 1 and 2, since both projects have IRR's > 0. b. Neither Project 1 nor 2, since each project's NPV 0. d. Project 2, since the NPV2> NPV1. e. Project 1, since the NPV1 > NPV2