Net Present Value Analysis Anderson Company must evaluate two capital expenditure proposals. Anderson's hurdle rate is 12%. Data for the two proposals follow. Required investment Annual after-tax cash inflows After-tax cash inflows at the end of years 36.9, and 12 Life of project Proposal X Proposal Y 560.000 560.000 12.000 36.000 12 years 12 years Using net present value analysis, which proposal is the more attractive? Do not use negative signs with your answers. Round PV answers to the nearest whole number. Use rounded answers for subsequent calculation of net present value. Proposal Proposal Y Net present value Initial outflows 574,332,5 x 5 56085.2 x PV of future cash flows 60.000 60,000 Net present value $ 14,332,5 x 5 6,085.2 x Which proposal is more attractive? Proposal. x