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You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 10 percent. Use Acandix Project Y (Slow Motion

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You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 10 percent. Use Acandix Project Y (Slow Motion Replays of Commercials (530,000 investment) Project X (OVUS of the Weather Neports) (510,990 investment) Year Cash Flow 1 $5,000 2 3.000 3 4,000 4 3.60 Year 1 2 3 4 Cash Flow $15,000 3,000 9,000 11,000 0. Calculate the profitability Index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.) PI b. Calculate the profitability Index for project Y (Round "PV Foctor" to 3 decimal places. Round the final answer to 2 decimal places) PI c. Using the NPV method combined with the Propproach, which project would you select? Use a discount vote of 10 percent Project X Project

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