Net Present Value Analysis Cooper Company must evaluate two capital expenditure proposals. Cooper's hurdle rate is 10%. Data for the two proposals follow Proposal X Proposal Required investment $120.000 $120.000 Annualater tax cash inflows 24000 After-tax cash flows at the end of years 3.6 and 12 72.000 Ufe 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 presere value Proposal Proposal Y Net present value Initial outflows 5 1200005 x PV of future cash flows Net presente 120000 OX 5 SXS Which proposal is more attractive? Proposal Check