As the capital budgeting director for the Pensky Corporation, you are evaluating two mutually exclusive projects with the following free cash flows: Project X Project Z Year Cash Flow Cash Flow Assuming a WACC of 12%, calculate the NPV and IRR for both projects. Which project(s) should Pensky accept and whst? 0 -$ 105,000 -$105,000 1 55,000 15,000 2 40,000 30,000 3 30,000 40,000 4 10,000 65,000