Consider two mutually exclusive projects: End of year cash flows Year Project x Project Y 0 $100,000 -$100,000 1 40,000 0 2. 40,000 0 3 40,000 132,000 Which of the following statements is correct? Indicate all that are correct. If the required rate of return for both projects is 9%, Project Y should be accepted. If the required rate of return for both projects is 9%, Project X should be accepted. If the required rate of return for Project X is 10 percent, the profitability index of Project X is less than 1.0. If the required rate of return for both projects is 10%, Project Y should be accepted