Problem 5-2. Ontario, Inc. establishes a 10% hurdle rate for its investment projects. The firm is considering three projects: X, Y, and Z at the end of its fiscal year. Ontario, Inc. has sufficient funds to finance all of these independent projects at the beginning of the new year. X Y z Cost of investment $200,000 $300,000 $250,000 Cash outflow-year 1 15,000 30,000 50,000 Cash outflow-year 225,000 60,000 0 Cash inflow-year 1 30,000 36,000 75,000 Cash inflow-year 2 30,000 40,000 73,000 Cash inflow-year 3 30,000 44,000 61,000 Cash inflow-year 4 30,000 48,000 59,000 Cash inflow-year 5 30,000 52,000 57,000 Cash inflow-year 6 30,000 56,000 55,000 Cash inflow-year 7 30,000 60,000 53,000 Cash inflow-year 8 30,000 64,000 51,0001 Cash inflow-year 9 30,000 49,000 Cash inflow-year 10 30,000 0 0 Required: Using Excel and its appropriate formulas compute the following for projects X, Y, and Z. a. Net present value b. Internal rate of return c. Determine which projects Ontario should accept and state your reason