Project X has a cost of 1 million euro and is expected to produce cash flows of 300 000 euros per year for 5 years. Project Y costs 2.500.000 euros and is expected to produce cash flows of 700.400 euros per year for 5 years. Calculate the two projects' IRRs, MIRRs, and PIs , assuming a cost of capital of 4%. Which project would be selected, assuming they are mutually exclusive? Which should be selected? For project Y (X:IRR 12,40%, MIRR 8,70%, PI 1,25) (Y: IRR 15,24%,MIRR 10,20%, PI 1,34%) For project X (X:IRR 15,24%, MIRR 10,20%, PI 1,34) (Y: IRR 12,80%,MIRR 9,70%, PI 1,37%) For project X (X:IRR 15,24%, MIRR 10,20%, PI 1,34) (Y: IRR 12,40%,MIRR 8,70%, PI 1,25%) I propose not to realize the projects as both are loss making