Question 7 (1 point) Your division is considering two projects with the following cash flows and a wACC of f 9.00% Vear 0 1 2 3 $200,000 Project Red $60,000 $78,000 $120,000 Project Blue -$200,000 $100,000 $100,000 $50,000 a. Assuming the projects are independent, which one(s) would you recommend? b. If the projects are mutually exclusive, which would you recommend? O a)Project Blue; b)Both O a)Project Blue; b)Project Red a)Both; b)Project Red a)Both; b)Both a) Project Red; b)Both a) th; b)Project Blue