Present value of $1 Periods 6% 8% 10% 12% 14% 16% 1 0.94340 0.92593 0.90909 0.89286 0.87719 0.86207 2 0.89000 0.85734 0.82645 0.79719 0.76947 0.74316 3 0.83962 0.79383 0.75131 0.71178 0.67497 0.64066 4 0.79209 0.73503 0.68301 0.63552 0.59208 0.55229 5 0.74726 0.68058 0.62092 0.56743 0.51937 0.47611 6 0.70496 0.63017 0.56447 0.50663 0.45559 0.41044 7 0.66506 0.58349 0.51316 0.45235 0.39964 0.35383 8 0.62741 0.54027 0.46651 0.40388 0.35056 0.30503 9 0.59190 0.50025 0.42410 0.36061 0.30751 0.26295 10 0.55839 0.46319 0.38554 0.32197 0.26974 0.22668 Present value of an annuity of $1 Periods 6% 8% 10% 12% 14% 16% 1 0.94340 0.92593 0.90909 0.89286 0.87719 0.86207 2 1.83339 1.78326 1.73554 1.69005 1.64666 0.74316 3 2.67301 2.57710 2.48685 2.40183 2.32163 0.64066 4 3.46511 3.31213 3.16987 3.03735 2.91371 0.55229 5 4.21236 3.99271 3.79079 3.60478 3.43308 0.47611 6 4.91732 4.62288 4.35526 4.11141 3.88867 0.41044 7 5.58238 5.20637 4.86842 4.56376 4.28830 0.35383 8 6.20979 5.74664 5.33493 4.96764 4.63886 0.30503 9 6.80169 6.24689 5.75902 5.32825 4.94637 0.26295 10 7.36009 6.71008 6.14457 5.65022 5.21612 0.22668 Layton Company is considering two competing projects that will change its current manufacturing process. The after-tax cash flows associated with the two investments are as follows: Year Project X Project Y 0 $(75,000) $(290,000) 1 --- 167,095 2 100,920 167,095 The company's cost of capital is 12%. A. Compute the net present value for Project X. (Round answer to the nearest dollar.) fill in the blank 1 of 8$ B. Compute the net present value for Project Y. (Round answer to the nearest dollar.) fill in the blank 2 of 8$ C. Compute the internal rate of return for Project X. (Round discount factor to five decimal places.) fill in the blank 3 of 8 % D. Compute the internal rate of return for Project Y. (Round discount factor to five decimal places.) fill in the blank 4 of 8 % E. Which project should be chosen and why? Project fill in the blank 5 of 8 X should be chosen because its fill in the blank 6 of 8 NPV is greater than the fill in the blank 7 of 8 NPV of Project fill in the blank 8 of 8 Y .

Layton Company is considering two competing projects that will change its current manufacturing process. The after-tax cash flows associated with the two investments are as follows: The company's cost of capital is \12. A. Compute the net present value for Project X. (Round answer to the nearest dollar.) \\$ B. Compute the net present value for Project Y. (Round answer to the nearest dollar.) C. Compute the internal rate of return for Project X. (Round discount factor to five decimal places.) \ D. Compute the internal rate of return for Project Y. (Round discount factor to five decimal places.) \