eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 2 5 1 3 4 Project 1 -$300 $60 $60 Project 2 - $500 $350 $350 Which project would you recommend? $60 $120 $225 $120 $225 $120 Select the correct answer. O a. Neither Project 1 nor 2, since each project's NPV NPV2. O c. Project 2, since the NPV2 > NPV1. O d. Both Projects 1 and 2, since both projects have NPV's > 0. O e. Both Projects 1 and 2, since both projects have IRR's > 0