1. net present value for project x

2. net present value for project y

3. which is higher?

investments. The company wishes to use a CAPM-type risk-adjusted discount rate (RADR) in its analysis. Centennial's managers believe that the appropriate market rate of return is 12.4%, and they observe that the current risk-free rate of return is 6.8%. Cash flows associated with the two projects are shown in the following table. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) a. The risk-adjusted discount rate for project X will be 6. (Round to two decimal places.) The risk-adjusted discount rate for project Y will be \%. (Round to two decimal places.) The net present value for project X is S (Round to the nearest cent.)