You have been given the task of evaluating the following three projects, and have estimated the following cash flows for all the projects. The required rate of return is 15.05 percent. Calculate the NPV and IRR of each project. Year Project X 0 ($180,000) Project Y ($240,000) Project Z 1 $80,100 $0 ($200,000) ($100,000) 2 $80,100 $0 $175,000 3 $60,100 $290,500 4 $28,000 $100,000 $175,000 $100,000 a. Under the NPV rule, which project(s) should be accepted given a budget of $450,000? Why? b. Under the IRR rule, which project(s) should be accepted given a budget of $450,000? Why? c. Given (a) and (b), which project(s) would ultimately be accepted? Why?