You are considering an investment into a new market and have two mutually exclusive and normal cash flow projects, X and Y, under consideration. Project X has an IRR of 11.5%, while project Y has an IRR of 13.2%. For a rate of return of 9.5%, the NPV of project X is equal to the NPV of project Y. If the required rate of return is 10.8%, which project should be chosen? Be sure to explain your reasoning. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). You are considering an investment into a new market and have two mutually exclusive and normal cash flow projects, X and Y, under consideration. Project X has an IRR of 11.5%, while project Y has an IRR of 13.2%. For a rate of return of 9.5%, the NPV of project X is equal to the NPV of project Y. If the required rate of return is 10.8%, which project should be chosen? Be sure to explain your reasoning. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)