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A decision must be made between two very high-technology projects, ProjectX and Project Y, both with a very short life of 3 years and each

A decision must be made between two very high-technology projects, ProjectX and Project Y, both with a very short life of 3 years and each having thesame cost of $9,499. The firms normal MARR is 10%. The difference is inthe risk of each project, as shown below: image text in transcribed

1. Identify which of the two projects is more risky. 2. If the riskier project has a MARR 2% higher than the company norm, what is the NPV for these projects

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