Question: You have two mutually exclusive projects X and Y available. The cash flows relating to these projects are given below: Year Project X Project Y

You have two mutually exclusive projects X and Y available. The cash flows relating to these projects are given below:

Year

Project X

Project Y

0

-14,000

-14,000

1

6,000

2,000

2

5,000

2,000

3

4,000

3,000

4

3,000

4,000

5

2,000

5,000

6

1,000

6,000

What is the NPV of the Project Y at 12 percent required rate of return?

a.$1,738.27

b.$948,52

c.$2,244.90

d.$3,934.44

e.-$65.56

f.$2,948.52

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