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Tesla inc is considering either project x or project y (mutually exclusive). If the cost of the capital is 6%, which project should you accept?

Tesla inc is considering either project x or project y (mutually exclusive). If the cost of the capital is 6%, which project should you accept?

Year Project X Project Y
0 -20,000 -40,700
1 0 12,000
2 0 25,000
3 25,000 10,000

1. Project X

2. Project Y

3. Both are equally attractive

4. both projects x and y

5. neither

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