Question: Question A1 a) The following information relates to two mutually exclusive projects: Project X Project Y Initial cost () 20,000 19,000 Net operating cash flows

 Question A1 a) The following information relates to two mutually exclusive

Question A1 a) The following information relates to two mutually exclusive projects: Project X Project Y Initial cost () 20,000 19,000 Net operating cash flows () Year 1 4,000 5,000 Year 2 10,000 8.000 Year 3 10,000 10,000 Year 4 900 800 Salvage value () 600 Required: ) Calculate the payback period for each project. 100

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