THE ONLY THING NEEDED IS THE MULTIPLE CHOICE QUESTION, NOT SOME ELABORATE EXCEL SPREAD SHEET

eBook Problem 11-10 Capital budgeting criteria: mutually exclusive projects A firm with a WACC of 10% is considering the following mutually exdusive projects: Project 1 -$400 $45 $45 Project 2 -$400 $300 $300 Which project would you recommend? Select the correct answern I. Project 2, since the s NPV;. II, Project l, since the NPVi NPV2. $45 $50 $180 $50 $180 $50 111. Boo-I projects d and 2, since both projects have NPVs o. W. Neither A or B, since each pioject's NPV < O. V. Both Projects and 2, since both projects have IRRs > O.