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You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 11 percent. Use Appendix B. Project X (DVDs

You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 11 percent. Use Appendix B. Project X (DVDs of the Weather Reports) ($40,000 Investment) Project Y (Slow-Motion Replays of Commercials) ($60,000 Investment) Year Cash Flow Year Cash Flow 1 $20,000 1 $30,000 2 18,000 2 23,000 3 19,000 3 24,000 4 18,600 4 26,000

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