Yare deciding to choose between two mutually exclusive projects. a option1: project X will cost $6,000 to install and $300 a to run year and will last for three years b. option 2, project will cost $7,000 to install and $2800 a te run year and will last for four years Let the WACC = 0.08 Estimate the NPV of project X. Estimate the Equivalent annuity cost of project x. Estimate the NPV of project. Y. 621 Estimate the Equivalent annuity cost of project Y Wash option would you choose option for