LO eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 $210 $140 0 Project 1 -$500 $60 $60 $60 $210 Project 2 -$700 $350 $350 $140 $140 Which project would you recommend? Select the correct answer. a. Project 2. since the NPV2 > NPV) b. Project 1. since the NPV, > NPV2. c. Both Projects 1 and 2 since both projects have IRR's > 0. d. Neither Project 1 nor 2, since each project's NPV 0 5