You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 10 percent. Use Appendix B. Project X (DVDS of the Weather Reports) ($34,080 Investment) Year Cash Flow $17,888 2 15, eee 16, 308 4 15, 688 Project Y (Slow-Motion Replays of Commercials) ($54,888 Investment) Year Cash Flow 1 $27,000 20,000 21,000 23,000 2 4 a. Calculate the profitability Index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) b. Calculate the profitability Index for project Y. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) c. Using the NPV method combined with the Plapproach, which project would you select? Use a discount rate of 10 percent. Project Y Project x X Nov