HW Microsoft Word Table Tools Mallogs Review View Design Layout 11 ATA RUT . . I Normal 11 No Spaci... Heading 1 Heading 2 AR 32 A Title Subtitle Paragraph Styles Task2 The firm analyzes two proposed capital investments, Project X and Project Y Each project has an initial capital expenditure of 10,000, and the cost of capital is 12%. The projects' expected net cash flows are as follows: Year 0 1 2 3 4 Expected net cash flows, EUR Project X Project Y $10,000 - 10,000 6.500 3,500 3.000 3,500 3.000 3,500 1.000 3,500 Using the NPV cntenon determine which project(s) should be accepted if they are independent