2 Q2. You must analyze two projects, ZO and ZA. Each project costs $10,000, and the firm's rate of return is 12%. The expected cash flows are as follows: 0 1 2 3 4 + + Project X -$10,000 $6,500 $3,000 $3,000 Project Y -$10,000 $3,500 $3,500 $3,500 $1,000 $3,500 i. Calculate each project's internal rate of returns (IRR) using interpolation method and discounted payback. ii. Which project(s) should be accepted if they are independent? iii. Which project(s) should be accepted if they are mutually exclusive