Revision Question You are a financial analyst of H ltd company. The director of capital budgeting has asked you to analyze two proposed capital investments, project X and Y. Each project has a cost of sh. 100, 000 and the cost of capital for each project is 12%. The projects' expected net cash flows are as follows: 8 Cont'd EXPECTED NET CASH FLOWS YEAR Project X Project Y 1 65,000 35, 000 2 30,000 35,000 3 30,000 35,000 4 10,000 35,000 Required: - Calculate each project's PBP, NPV and IRR Which project or projects should be acceptable if they are independent Which project should be accepted if they are mutually exclusive