4 pts Question 14 Snead Manufacturing Inc. is considering two different projects. The cost of capital for each will be 14%. The projects are independent. Below are the expected after-tax cash flows. Year o 1 2 3 5 Project X CF -150 30 40 50 45 30 Project Y CF -205 45 75 60 4 60 60 Which project, if either should Snead undertake on the basis of NPV? Project X Project Y Projects X and Y Neither Project X nor Project Y