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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

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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 $10,000, and the cost of capital for each project is 12 percent. The project's expected net cash flows are as follows: Year Project X $10,000 $6,500 $3,000 $3,000 $1,000 Project Y $10,000 $3,000 $3,000 $3,000 $3,000 AWN 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

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