1. Calculate the NPV and Profitability Index for each of the following projects, assuming the cost of capital is 7%. Which project would you choose if only one could be chosen? If multiple projects could be undertaken, how many would you accept? 2. You are given the opportunity to invest in one of two projects. Project X requires an initial outlay of {30,000, and will receive 37,000 after 3 yeass. Project Y requires an initial outliy of E100,000 and will recerve f117.000 after 4 years. Usize the laternal Rate of Return approach, which project woald be preferred