Problem $11\mathrm{.}10($Capital Budgeting Criteria: Mutually Exclusive Projects$)$

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A firm with a WACC of $10\%$ is considering the following mutually exclusive projects:

Proj

Proj

Whi

Select the correct answer.

a$.$ Both Projects $1$ and $2,$ since both projects have NPV$\text{'}$s $>0.$

b$.$ Both Projects $1$ and $2,$ since both projects have IRR's $>0.$

c$.$ Project $1,$ since the $NP{V}_1>NP{V}_2.$

d$.$ Neither Project $1$ nor $2,$ since each project's NPV

e$.$ Project $2,$ since the $NP{V}_2>NP{V}_1.$

Please get this right.. It's been done wrong twice already!!!!