Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 5 565 565 Proje ct 565 521 0 521 0 $50 Proje 512 $12 535 0 $35 0 $70 $12 0 Which project would you recommend? Select the correct answer. Neither Project Inor 2, net cach project's NPV Project I, the NPV, NPV . d. Prostet 2. see the NPV. NIV c. Beth Projects I und 2. since both projects have NPV) Problem 11.11 (Capital Budgeting Criteria: Mutually Exclusive Projects) eBook Project S costs $20,000 and its expected cash flows would be $4,500 per year for 5 years. Mutually exclusive Project L costs $44,000 and its expected cash flows would be $13,200 per year for 5 years. If both projects have a WACC of 12%, which project would you recommend? Select the correct answer. 2. Project L, since the NPV > NPV Projects, since the NPV > NPV 6. Neither Project S 0 L. vince each projects NPVA c dBoth Projects and since both projects bove IRR'S 6. Both Projects Sand L. since both projects have NPVY0