Gomez Corporation is considering two alternative investment proposals with the following data: Proposal $850,000 8 vears Proposal Y $ 468,000 8 years Investment Useful life Estimated annual net cash inflows for 8 years Residual value Depreciation method Required rate of return $ 78,000 $ 125,000 $ 40,000 Straight-line 14% Straight-line 10% How long is the payback period for Proposal Y? A) 21.25 years B) 6.00 years C) 8.80 years D) 11.70 years What is the net present value (NPV) of Proposal Y? A) ($51,870) B) $3,213 C) $58,500 D) $28,386 What is the Internal Rate of Return (IRR) of Proposal Y? A) 2% B) 5% C) 7% D) 10%