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Question 2 (Mandatory) (1 point) Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) Cash Flow (Y) 0

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Question 2 (Mandatory) (1 point) Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) Cash Flow (Y) 0 - 175.000 -20,000 1 85,000 10,000 2 35.000 10.000 3 125.000 10,000 If you apply the IRR criterion, which investment will you choose? Why? O A) Project X, because IRR is positive and higher. B) Project Y, because IRR is greater than 10% and higher. C) Both projects X and Y, because IRR is greater than 10%. D) Project X because IRR is greater than 10% and higher. E) Project Y, because IRR is positive and higher

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