$=$NPV$(0\mathrm{.}08,$ B$2$: B$7)$

$-$NPVIO$\mathrm{.}08,$ B$3$:B$7)$ B$2$

Question $19$

$3$ pts

After calculating the AIRR between two mutually exclusive projects, $x$ and $Y,$ where $x$ has a higher initial cost, you have found that this value $(x-Y)$ falls below the company's desired MARR. Both projects individual rates of return are above the MARR and $Y$ has the highest individual rate of return. Which project should you recommend your company invest in$?$

X

$Y$

Both arg equally attractive

Neither is attractive