Which one is correct?

A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 3 4 5 Project 1 -$300 $80 $80 Project 2 -$450 $350 $350 Which project would you recommend? $80 $145 $230 $145 $230 $145 Select the correct answer. Oa. Neither Project 1 nor 2, since each project's NPV NPV1. Oc. Project 1, since the NPV1 > NPV2. Od. Both Projects 1 and 2, since both projects have NPV's > 0. Oe. Both Projects 1 and 2, since both projects have IRR's > 0