(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Project X Project Y Initial investment (CF) $500,000 $320,000 Year (t) 1 $130,000 $150,000 $130,000 $210,000 $260,000 GAW N 2 3 4 5 Cash inflows (CFt) $140,000 $120,000 $95,000 $70,000 $40,000 IRR: Mutually exclusive projects Nile Inc. wants to choose the better of two mutually exclusive projects that expand warehouse capacity. The projects' cash flows are shown in the following table: The cost of capital is 18%. a. Calculate the IRR for each of the projects. Assess the acceptability of each project on the basis of the IRRs. b. Which project is preferred