PLEASE SHOW FULL SOLVING. PREFERRABLY WITH FINANCIAL CALCULAOR. AND HANDRITTEN. NO EXCEL

The effective annual required rate of return for both projects is 32%. If only one of the two projects can be accepted, use the IRR method with incremental project (YX) to show which project is preferred. (HINT: Determine whether Project (YX) has multiple IRR's) A. As long as the discount rate is greater than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should accept the project Y over the project X. B. As long as the discount rate is greater than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should accept the project X over the project Y. C. As long as the discount rate is less than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should accept the project Y over the project X. D. As long as the discount rate is less than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should reject project Y over the project X. E. There are 2 IRRs. One found between 80% and 50%, and the other between 0% and 25%. Project Y should be accepted and Project X rejected since the the required rate of return of 32% is higher than 25%. The effective annual required rate of return for both projects is 32%. If only one of the two projects can be accepted, use the IRR method with incremental project (YX) to show which project is preferred. (HINT: Determine whether Project (YX) has multiple IRR's) A. As long as the discount rate is greater than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should accept the project Y over the project X. B. As long as the discount rate is greater than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should accept the project X over the project Y. C. As long as the discount rate is less than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should accept the project Y over the project X. D. As long as the discount rate is less than 17%, the NPV will be positive. Since 17% is less than the required rate of return of 32% we should reject project Y over the project X. E. There are 2 IRRs. One found between 80% and 50%, and the other between 0% and 25%. Project Y should be accepted and Project X rejected since the the required rate of return of 32% is higher than 25%