Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) 0 -175,000 1 85,000 2 35,000 3 125,000 Which project(s) would be finally chosen and why? Cash Flow (Y) -20,000 10,000 10,000 10,000 A) Both projects X and Y because they both have a positive NPV B) Projelu Y because it has the higher IRR C) Project X because it has a positive and higher NPV D) Project Y because it has a positive and higher NPV E) Project X because it has the higher IRR than the required return