Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) Cash Flow (Y) 0 - 175.000 -20,000 1 85.000 10,000 2. 35,000 10,000 3 125,000 10.000 Which project(s) would be finally chosen and why? A) Project X because it has a positive and higher NPV B) Project Y because it has the higher IRR C) Both projects X and Y because they both have a positive NPV D) Project X because it has the higher IRR than the required return E) Project Y because it has a positive and higher NPV