Net Present Value Analysis Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is 12%. Data for the two proposals follow. Proposal X Proposal Y Required investment 5490,000 $490,000 Annual after-tax cash inflows 115.500 After tax cash inflows at the end of years 3,6%, and 12 346,500 Life of project 12 years Uung 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 Proposal Net present value In outflow PV of future cash flows Net present value Which proposal is more attractive