You are considering the following two mutually exclusive projects. The required rate of return is 12 percent for project X and 11 percent for project Y. You should accept Project ___ because its NPV is _____ greater than that of the other project.

Year	Project X	Project Y
0	-$55,000	-$81,900
1	$37,200	$36,200
2	$22,100	$65,600
3	$10,200	$0

Question 30 options:

	Y; $862.62
	Y; $924.08
	Y; $921.02
	X; $874.91
	X; $901.18