Capital Budgeting Criteria: Mutually Exclusive Projects

A firm with a WACC of $10\%$ is considering the following mutually exclusive projects:

$0$

$1$

$2$

$3$

$4$

$5$

Project $1$

$-$$$300$

$$75$

$$75$

$$75$

$$190$

$$190$

Project $2$

$-$$$550$

$$350$

$$350$

$$135$

$$135$

$$135$