Bell manufacturing is attempting to choose the better of two mutually exclusive projects for expanding the firms warehouse capacity. The relevant cash flow for the projects are shown in table . The firm cost of capital is 18%.

1) the internal rate of return of project x is ...%

2) is project x acceptable in the basis of IRR? Yes or no

3) the internal rate of return of project y is ...%

4) is project y acceptable on basis of ITR? Yes or no

5) which project is preferred choose either project x project y or neither