0 [B] Your company is considering two mutually exclusive projects, X and Y, with the following costs and expected net cash flows EXPECTED NET CASH FLOWS YEAR PROJECT X PROJECTY [$28,500) [$27,000 1 $10,000 $11,000 10,000 10,000 10,000 9,000 10,000 8,000 2 3 Both projects have a cost of capital of 14 percent Required. [a] Calculate the ordinary payback period (PB) for project X and project Y [b] Calculate the net present value (NPV) for project X and project Y [2 marks] [4 Marks]