1 2 4. Valley Care Medical Center expects Projects X and Y to generate the following cash flows: Givens (in 'ooos) Years o 3 4 5 1 Initial investment ($9,500) 2 Net operating cash flows $8,000 $6,000 $4,000 $1,000 $500 for Project X 3 Net operating cash flows $500 $1,000 $4,000 $6,000 $8,000 for Project Y a. Determine the NPV for both projects using a cost of capital of 17 percent. b. Determine the NPV for both projects using a cost of capital of 12 percent. c. At a 12 percent discount rate, which project should be accepted? At a 17 percent discount rate, which project should be accepted? Explain