(Need Help On Question D and E thanks.

You are a financial analyst for Hittle Company. The director of capital budgeting has asked you to analyze two proposed capital investments, Projects X and Y. Each project has a cost of $10,000, and the cost of capital for each project is 12 percent. The payback cutoff period is 3 years. The projects' expected net cash flows are as follows Expected Net Cash Flows Year Project XProject Y 0 ($10,000) ($10,000) 6,500 3,000 3,500 3,000 3,500 1,0003,500 3,500 a) Calculate each project's payback period, net present value (NPV), profitability b) Which project or projects should be accepted if they are independent? Why? c) Which project should be accepted if they are mutually exclusive? Why? d) How does your answer to c) change if the cost of capital is 5 percent? Is there a e) Over what range of discount rates would you choose project X? Project Y? (Hint: index (PI), and internal rate of return (IRR). conflict between the NPV and IRR rankings of these two projects? Calculate the crossover rate or plot the NPV profiles)