You must determine which of two mutually exclusive opportunities to choose for your company's next investment project. The cash flows for these two projects, X and Y, are illustrated below. Assuming that the appropriate discount rate is the r given below, determine the NPV, IRR, and MIRR for each of these projects and indicate which project you recommend for adoption by your company with a "yes" in the corresponding box.

INPUT DATA				r	12.00%
Year	0	1	2	3	4
CFX	($15,396)	$8,899	$5,299	$4,299	$701
CFY	($15,396)	$5,199	$1,701	$5,299	$6,299
	NPV	IRR	MIRR	ADOPTION
X
Y