Suppose there are two mutual exclusive projects: X and Y, whose cash flows are shown below. These projects are equally risky and not repeatable. Alpha Inc. is considering the two projects and hires you to advise on the investment decision. The CEO wants to use the IRR criterion, while the CFO favors the NPV method. WACC = 10% Year 0 1 2 4 CFX -$1,025 $380 $380 $380 $380 CFY -$2,150 $765 $765 $765 $765 Which project should be accepted if IRR is used to determine projects: Which project should be accepted if NPV is used to determine projects: If the company used IRR then how much money do they lose by making that decision? Y; X; money loss=$95.40 a. b. X; Y; money loss=$95.40 Oc. Y; Y; money loss=$179.55 Od. X;X; money loss=$274.95 Y; Y; money loss=$274.95 e