DULU mall I ols 8. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4. 5 $70 $170 $170 Project 1 - $200 $70 $70 Project 2 - $550 $200 $200 Which project would you recommend? $105 $105 $105 ctory Select the correct answer. a. Both Projects 1 and 2, since both projects have NPV's > 0. Ob. Neither Project 1 nor 2, since each project's NPV NPV 2. Od. Both Projects 1 and 2, since both projects have IRR's > 0. e. Project 2, since the NPV2 > NPV1. Grade it Now Save & continue Continue without saying 1:44 PM 6/30/2021 WE Do No Harm / 1 9. Problem 11.11 (Capital Budgeting Criteria: Mutually Exclusive Projects) A-Z eBook Project S costs $17,000 and its expected cash flows would be $5,000 per year for 5 years. Mutually exclusive Project L costs $34,000 and its expected cash flows would be $9,800 per year for 5 years. If both projects have a WACC of 14%, which project would you recommend? Select the correct answer. a. Both Projects S and L, since both projects have IRR's > 0. b. Both Projects S and L, since both projects have NPV's > 0. c. Project S, since the NPVs > NPV. d. Project L, since the NPVL > NPVs. e. Neither Project S nor L, since each project's NPV