2) Consider two mutually exclusive projects X and Y with the following cash flows and a discount rate of 9 %. Project A Project B Cash Flow Discounted Cash Flow Cash Flow Discounted Cash Flow (25,000) 5,000 7,000 7,000 8,000 6,000 (25,000) 4,587 (25,000) 12,000 10,000 6,000 4,000 0.00 (25,000) 0.00 3 9 Calculate the profitability index (PI) for each project (4 point) e. Calculate the internal rate of return (IRR) for each project. (4 point) f