Net Present Value Analysis Anderson Company must evaluate two capital expenditure proposals Anderson's hurdle rate is 12%. Data for the two proposals follow Proposal Proposal Y Required investment 560,000 $60,000 Annual after tax cash inflows 12.000 After tax cash inflows at the end of years 3, 6, 9 and 12 36,000 Life of project 12 years 12 years Using net present value analysis, which proposal is the more attractive? Do not use negative signs with your answers, Round PV answers to the nearest whole number. Use rounded answers for subsequent calculation of net present value Proposal X Proposal Y Net present value Initial outflows PV of future cash flows Net present value $ 5 5 $ Which proposal is more attractive