+ 4) Dilapidated Corporation is considering the following two investment proposals. As the financial manager, you are responsible for making a recommendation to the Board of Directors. The projected cash flows for projects X and Y are as follows: Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Project X -$1,500 $1,200 $600 $300 $150 $80 Project Y -$5,000 $4,000 $2,000 $1,000 $500 $250 a) Compute the NPV, IRR and Pl of each project. Which projects would you recommend if there is enough capital for both projects. b) If the projects are mutually exclusive, which project would you recommend and + 4) Dilapidated Corporation is considering the following two investment proposals. As the financial manager, you are responsible for making a recommendation to the Board of Directors. The projected cash flows for projects X and Y are as follows: Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Project X -$1,500 $1,200 $600 $300 $150 $80 Project Y -$5,000 $4,000 $2,000 $1,000 $500 $250 a) Compute the NPV, IRR and Pl of each project. Which projects would you recommend if there is enough capital for both projects. b) If the projects are mutually exclusive, which project would you recommend and