gutung Citena: Mutually Exclusive Projects) eBook A firm with a wACC of 10% is considering the following mutually exclusive projects: Project 1 $500 $40 $40$40 $230 $230 Project 2 $550 $300 $300 $140 $140 $140 Which project would you recommend? Select the correct answer O a. Both Projects 1 and 2, since both projects have NPVs > 0. b. Neither Project 1 nor 2, since each project's NPV NPV2. d. Project 2, since the NPV2 > NPV1. e. Both Projects 1 and 2, since both projects have IRR's > o. Oe Icon Key