eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 $70 Project 1 -$300 $70 $70 Project 2 -$500 $350 $350 Which project would you recommend? $185 $115 $185 $115 $115 Select the correct answer. O a. Project 1, since the NPV1 > NPV2. O b. Project 2, since the NPV2> NPV1. O c. Neither Project 1 nor 2, since each project's NPV 0. O e. Both Projects 1 and 2, since both projects have NPV's > 0