14.5 Assume that you are the chief financial officer at Porter Memorial Hospital. The CEO has asked you to analyze two proposed capital investments-Project X and Project Y. Each project requires a net investment outlay of $10,000, and the cost of capital for each project is 12 percent. The projects' expected net cash flows are as follows: Year 0 1 Project X ($10,000) 6,500 3,000 3,000 1,000 Project Y DE ($10,000) 3,000 3,000 3,000 3,000 2 hodanibirong 3 4 a. Calculate each project's payback period, net present value (NPV), and internal rate of return (IRR). b. Which project (or projects) is financially acceptable? Explain your