The company uses a 12 % cost of capital. Net Cash Flow Year Project X Project Y 0=1200

-1500, 1= 600 300, 2= 400 400, 3= 800 1700.

What is the payback period of Project X? What is the discounted payback period of Project X? What is Project X's NPV if the cost of capital is 12%?What is Project Y's NPV if the cost of capital is 12%? Project X's IRR is 22.06%. What is Project Y's IRR? What is project X's PI (profitability index) if the cost of capital is 12%? Which project should be accepted if they are mutually exclusive?