Project X has an initial investment of Rs. 60 million and projected cash inflows of Rs. 18 million (each year) for the next 5 years. Project Y has an initial investment of Rs. 78 million and projected cash inflows of Rs. 23 million (each year) for the next 5 years. Assume the discount rate to be 11 percent. The anticipated inflation rate will be a stable 4 percent over the next 5 years. [6+5+3+3=17] A. Work out the NPV of the two projects and compare the results. Which project should be approved? Why? B. Work out the Undiscounted and Discounted Pay Back Period for the two projects. If the criterion is 5 years, which project should behonsidered based on Discounted PBP? C. Work out the Profitability Index for the two projects. Which project is acceptable? Why? D. Work out the Net Benefit Cost Ratio (NBCR) for the two projects. Which project is acceptable? Why