Hunt Inc. Intends to invest in one of two competing types of computer-aided manufacturing equipment: CAM X and CAM Y. Both CAM X and CAM Y models have a project life 94,200,000, but it will produce a net annual after-tax cash innow of *1,050,000. The cost of capital for the company is 10%. Required: 1. Calculate the NPV for each project. Round present value calculations and your ftoal answers to the nearest dollar. types of computer-aided manufacturing equipment: CAM and CANY Both CAM and CAM Y models have a project life of 10 years. The purchase price of the CAM X model is $3,600,000, and it has a net annual after-tax cash inflow of $900,000. The CAM Y model is more expensive, selling for CAM X: 1,930,113 CAMY: 2,251.798.5ix Which model would you recommend using NPV CAMY V 2. Select the IRR for each project CAM X: 20%, 25%-/ CAMY: 20e6" 25%-/ Check My Work All work saved