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Problem 2 Assume the CEO of Hot Desert Hospital has asked you to analyze two proposed capital investments: Project X and Project Y. Each project

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Problem 2 Assume the CEO of Hot Desert Hospital 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 8 percent. The project's expected net cash flows are as follows: Year Project Project Y 0 ($10,000) ($10,000) 1 $4,500 $3,000 2 $4,000 $3,000 3 $2,000 $3,000 4 $1,500 $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 answer. You mush show your calculations (i.e formulas in Excel) to receive credit. Merely providing a number will not suffice

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