Save Submit Assignment for Gradir S Problem 11.10 (Capital Budgeting Criteria: Mutually Exclusive Projects) Question 2 of 11 Check My Work (2 red remaining eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 2 4 1 3 5 -$400 $55 $170 $110 $350 $110 $110 Project 1 $55 $55 $170 Project 2 -$650 $350 Which project would you recommend? Select the correct answer. a. Both Projects 1 and 2, since both projects have IRR's > 0. b. Project 1, since the NPV; > NPV2. c. Project 2, since the NPV2> NPV d. Both Projects 1 and 2, since both projects have NPV's > 0. e. Neither Project 1 nor 2. since each project's NPV