Mulroney Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,800 att-o....

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Mulroney Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,800 att-o. Project X has an expected life of 2 years with after-tax cash inflows of $6,600 and $7,400 at the end of Years 1 and 2, respectively. In addition, Project X can be repeated at the end of Year 2 with no changes in its cash flows. Project Y has an expected life of a years with after-tax cash inflows of $4300 at the end of each of the next 4 years. Each project has a WACC of 8%. Using the replacement chain approach, what is the NPV of the most profitable project? Des round the intermediate calculations and round the final answer to the nearest whole number. a. $1.875 b. $4,242 C$3,361 d. $3,075 e $3,442 Mulroney Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,800 att-o. Project X has an expected life of 2 years with after-tax cash inflows of $6,600 and $7,400 at the end of Years 1 and 2, respectively. In addition, Project X can be repeated at the end of Year 2 with no changes in its cash flows. Project Y has an expected life of a years with after-tax cash inflows of $4300 at the end of each of the next 4 years. Each project has a WACC of 8%. Using the replacement chain approach, what is the NPV of the most profitable project? Des round the intermediate calculations and round the final answer to the nearest whole number. a. $1.875 b. $4,242 C$3,361 d. $3,075 e $3,442