Click here to read the eBook: Net Present Value (NPV) CAPITAL BUDGETING CRITERIA: MUTUALLY EXCLUSIVE PROJECTS A firm with a WACC of 10% is considering the following mutually exclusive projects: 4 Project 1 $350 $80 $80 $80 $160 $160 Project 2 $550 $300 $300 $80 $80 $80 Which project would you recommend? Select the correct answer. 0 a. Both Projects 1 and 2, since both projects have IRR's > 0. O b. Both Projects 1 and 2, since both projects have NPVs >0 c.Project 2, since the NPV2>NPV O . d. Neither Project 1 nor 2, since each project's NPVNPV2