Please answer as soon as possible: 

You are deciding to choose between two mutually exclusive projects.

a. option1: project X will cost $6,000 to install and $3000 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 = 0.07

Estimate the NPV of project X.

Answer for part 1

Estimate the Equivalent annuity cost of project X.

Answer for part 2

Estimate the NPV of project Y.

Answer for part 3

Estimate the Equivalent annuity cost of project Y.

Answer for part 4

Which option would you choose option 1 or 2?

Answer for part 5