Question: 2. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) A firm with a WACC of 10% is considering the following mutually exclusive projects: Which project

2. Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) A firm with a WACC of 10% is considering the following mutually exclusive projects: Which project would you recommend? Select the correct answer. a. Neither Project 1 nor 2, since each project's NPV NPV1. c. Project 1, since the NPV1>NPV2. d. Both Projects 1 and 2, since both projects have IRR's >0. e. Both Projects 1 and 2, since both projects have NPV's > 0
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