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please show detail work with formula in excel WK 6(2) PROBLEM 2 Assume that you are the CFO at Methodist Hospital in San Antonio, The
please show detail work with formula in excel
WK 6(2) PROBLEM 2 Assume that you are the CFO at Methodist Hospital in San Antonio, The CEO has asked you to analyze two proposed capital investments: Project X and Project Y. Each project requires a net investment outlay of $10,000, and the cost of capital for each project is 12 percent. The project's expected net cash flows are as follows: Year 0 1 2 3 Project X Project Y -$10,000 $10,000 $6,500 $3,000 $3,000 $3,000 $3,000 $3,000 $1,000 $3,000 a. Calculate each project's payback period, net present value (NPV), and internal rate of return (IRR). b. Which project (or projects) is financially acceptable? Explain your Step by Step Solution
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