BioMark is considering the following two alternative products. The development cost for the proposals is provided in table below

is considering the following two alternative products. The development cost for the two proposals is provided in table below. Initial cost Benefits/year Life Product X $120 ooo $20,000 for the first 10 years and $9,000 for the next 10 ears 20 Salva e value P sales $40 000 Product Y $96 ooo $12,000 per year for 20 years. ears $20 ooo Rate 1. 2. 3. 8% Calculate the NPW of Product X. Calculate the NPW of Product Y. Which product should develop?