True Question 6 5 pts Maddison Mancini, Chief Financial Manager for Cookies.com, is evaluating two mutually exclusive Investment proposals Project X is the larger of the two, requiring an immediate Investment of $100,000 and an expected cash flow of $17,500 annually for its 20-year expected operating life. The smaller project, Project Y, requires an investment of $30,000 today and is expected to provide an annual cash flow of $8,500 for its 20-year expected life. The firm's cost of capital is 9 percent. Ms. Mancini is a value maximizer who does NOT ration capital. She has determined the following: The NPV 9% for Project X is 559,750 The IRR for Project X is 16.7% The NPV at 9% for Project Y is $47,393 The IRR for Project Y is 28.1% What cost of capital will cause the two projects to have the same NPV? That is what is the Internal Rate of Return for the "Delta Project"? To put it another way, what is the intercept (crossover) point for the two projects' NPV profiles? 28.1% 224% 114% 16.7% Question 7 5 pts As assistant to the CFO of Boulder Inc., you must estimate the Year 1 cash flow for a project with the following data. What is the Year 1 cash flow