nternal Rate of Return Analysis Cooper Corporation must evaluate two capital expenditure proposals. Cooper's hurdle rate is 10%. Data for the two proposals follow Proposal X Proposal Y Required investment $120,000 $120,000 Annual after-tax cash inflows After-tax cash inflows at the end of years 3,6,9, and 12 72,000 Life of project 2 years 12 years 24,000 What is the internal rate of return for Proposal X? For Proposal Y? Use Excel to compute your answers. Round answers to the nearest whole percentage (ex 0.1854 - 1996) Proposal X Proposaly 0 % 0% Check