Not yet answered Marked out of 5.00 You are deciding to choose between two mutually exclusive projects. a option 1: project X will cost $6,000 to install and $3200 a to run year and will last for three years b. option 2: project Y will cost $7,000 to install and $2800 a to run year and will last for four years Let the WACC = 0.08 Flag question Estimate the NPV of project X. Estimate the Equivalent annuity cost of project X Estimate the NPV of project Y. S1 Estimate the Equivalent annuity cost of project Y. Which option would you choose option 1 or 2