Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) Cash Flow (Y) 0 -185,000 -20,000 1 80.000 10,000 2 35,000 10,000 3 125,000 10,000 If you apply the IRR criterion, which investment will you choose? Why? A) Both projects X and Y, because IRR is greater than 10%. B) Project X, because IRR is greater than 10% and higher. OC) Project X because IRR is positive and higher, D) Project Y, because IRR is positive and higher. E) Project Y, because IRR is greater than 10% and higher. Previous Pare