You are considering two mutually exclusive projects with the following cash flows. Which project(s) should you accept if the discount rate is 8.5 percent? What if the discount rate is 13 percent? Year Project X Project Y -80,000 -80,000 32,000 32,000 3 32,000 105,000 0 1 0 0 N a accepts Y at 8.5 percent and neither at 13 percent ob. accepts X as it always has the higher NPV @c. accepts X at 8.5 percent and Y at 13 percent d. accepts X at 8.5 percent and Y at 13 percent helps to establish a link between savers and borrowers