9. Capital budgeting XYZ company considers two mutually exclusive expansion projects. The first project requires initial cost of -$100,000; and the second project costs less: CFo=- 57,000. Subsequent incremental cash flows from the more expensive project will be $60,000 for 5 years. The cash flows from the second alternative will be lower: $4,000 for 3 years. Which expansion project would you recommend the company undertakes and why? (Required - 3 points possible.) 3000 characters remaining) Submit