Question: 3. 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
3. 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. Project 1 , since the NPV1>NPV2. p. Both Projects 1 and 2 , since both projects have IRR's >0. . Both Projects 1 and 2 , since both projects have NPV's >0. 1. Project 2 , since the NPV2>NPV1. a. Neither Project 1 nor 2 , since each project's NPV
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