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Can someone please solve this for me as fast as possible You are deciding to choose between two mutually exclusive projects. a. option1: project X

Can someone please solve this for me as fast as possible

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You are deciding to choose between two mutually exclusive projects. a. option1: project X will cost $6,000 to install and $3300 a to run year and will last for three years. b. option 2: project Y will cost $7,000 to install and $2600 a to run year and will last for four years. Let the WACC = 0.09 Estimate the NPV of project X. Estimate the Equivalent annuity cost of project X. Estimate the NPV of project Y. Estimate the Equivalent annuity cost of project Y. Which option would you choose option 1 or 2

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