Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) Cash Flow (Y) O -175,000 -20,000 85,000 10,000 35,000 10,000 3 125,000 10,000 you apply the Pl criterion, which investment will you choose? Why? A) Project X, because Pl is greater than 1 and higher. B) Project Y, because Pl is greater than 1 and higher. C) Both projects X and Y, because Pl is greater than 1. D) Both projects X and Y, because Pl is greater than 0. E) Project X, because Pl is positive and higher