What is the Net Present Value of Project X and Project Y?

a. Use a risk-adjusted discount rate approach to calculate the net present value of each project, given that project X has an RADR factor of 1.21 and project Y has an RADR factor of 1.38. The RADR factors are similar to project betas. (Hint: Use the following equation to calculate the required project return for each: r=RF+b(rmRF).) b. Discuss your findings in part (a), and recommend the preferred project. a. The risk-adjusted discount rate for project X will be \%. (Round to two decimal places.) The risk-adjusted discount rate for project Y will be \%. (Round to two decimal places.) The net present value for project X is $. (Round to the nearest cent.) a. Use a risk-adjusted discount rate approach to calculate the net present value of each project, given that project X has an RADR factor of 1.21 and project Y has an RADR factor of 1.38. The RADR factors are similar to project betas. (Hint: Use the following equation to calculate the required project return for each: r=RF+b(rmRF).) b. Discuss your findings in part (a), and recommend the preferred project. a. The risk-adjusted discount rate for project X will be \%. (Round to two decimal places.) The risk-adjusted discount rate for project Y will be \%. (Round to two decimal places.) The net present value for project X is $. (Round to the nearest cent.)