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Click here to read the eBook: Net Present Value (NPV) CAPITAL BUDGETING CRITERIA: MUTUALLY EXCLUSIVE PROJECTS A firm with a WACC of 10% is considering

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Click here to read the eBook: Net Present Value (NPV) CAPITAL BUDGETING CRITERIA: MUTUALLY EXCLUSIVE PROJECTS A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 2 3 4 5 Project 1$500 $80 $80 $80 $240 $240 Project 2600 $350 $350 75 $75 $75 Which project would you recommend? Select the correct answer. O a. Neither Project 1 nor 2, since each project's NPV 0. c. Both Projects 1 and 2, since both projects have IRR's 0 d. Project 1, since the NPV1 > NPV2. Oe. Project 2, since the NPV2 > NPV

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