4 Moving to the next question prevents changes to this answer. Question 1 of 10 Question 1 QUESTION 1.1: (6 marks) You are a financial analyst for the Hittle Company. The director of capital budgeting has asked you to analyse two proposed capital investments, Projects X and Dmiante V oarh nrniart has a mat if R10An. And the cost of cabital for each broiect is 12%. The projects' expected net cash flows are as follows: REQUIRED: 1.1 If you apply the payback rule, which investment will you choose? Why? For the toolbar, press ALT+F10(PC) or ALT+FN+F10 (Mac)