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please show excel equations PROBLEM 3 Assume that you are the CFO at Porter Memorial Hospital. The CEO has asked you to analyze two proposed
please show excel equations
PROBLEM 3 Assume that you are the CFO at Porter Memorial Hospital. The CEO has asked you to analyze two proposed capital investments - project X and project Y. Each project requires a net investment outlay of $25,000, and the cost of capital for each project is 7.5 percent. The projects' expected net cash flows are as follows: Year Rate Project X Project Y X Cumulativ Y Cumulative 0 $(25,000) $ (25,000) 1 $ 13,500$ 7,250 21 $ 9,500$ 7,250 3 $ 6,000$ 7,250 4 $3,000$ 7,250 a. Calculate each project's payback period, net present value (NPV), and the internal rate of return (IRR). b. Which project is financially acceptable? Explain yourStep by Step Solution
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