Question 7 1 pts Jigger Ltd is considering two alternative projects; each of which will involve an initial outlay of 600,000. Both will have a four- year life and are expected to yield the following cash inflows: Year 1 Year 2 Year 3 Year 4 Total cash inflows Project X 100k 200K 300k 400K 1 million Project Y 300k 200k 200k 300k 1 million Which of the following is NOT true? O Project Y will always yield a higher NPV than project X Project Y has a payback period of 2.5 years. Project X will always yield a higher NPV than project Y. Project X has a payback period of 3 years