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B eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 1 2 3 4 5 0 $60 $300 Project

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B eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 1 2 3 4 5 0 $60 $300 Project 1 -$350 $60 $60 $170 $170 Project 2 -$700 $300 $120 $120 $120 Which project would you recommend? Select the correct answer. a. Neither Project 1 nor 2, since each project's NPV NPV2. c. Both Projects 1 and 2, since both projects have IRR's > 0. Cd. Both Projects 1 and 2, since both projects have NPV's > 0. e. Project 2, since the NPV2 > NPV1

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