back to Assignment Attempts Average / 1 8. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) 89 eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 -$300 $75 $75 $75 $235 $235 Project 1 Project 2 -$550 $300 $300 $130 $130 $130 Which project would you recommend? Select the correct answer. Oa. Project 1, since the NPV > NPV2. Ob. Both Projects 1 and 2, since both projects have NPV's > Oc. Both Projects 1 and 2, since both projects have IRR's > 0. Od. Project 2, since the NPV > NPV1. Oe. Neither Project 1 nor 2, since each project's NPV