Youareafinaid andyst for the titleCompany. Thedredto d capital bogdinghas askedyouto analyzeproposepitavestmanojxandEachrojectscost$10,QQ0d thecost of capital for eachis 12%% Theprojects expectednet cashflows areas fdlong Expectedallows Vir BoatX Hoat Y $10,000 $10,000 9500 3,000 3,200 3,000 1'008 $,500 a Coagulateeach project'spaybackperiod net presentvalue(NPV), intend rated return R, andpoitabilityindex(A). Payback Pa backpaidisthelinerequiredbythepget torecover its costs. ear 1trepgetv recover $650 Year 2thengetv reve $:100 Year 3 piget will recover the repairing $500 in 1 north of 31 year. Sopaybackpariolifar ProjectXis 2yearsand 1north PROFCTY, Catof pget=$1010 Year 1pgetw rede $350 Year 2pgetwijeover $3500 Year 3pget will recover renairing$300inappoinatedy 11norths of 3d year. Sopaybackperiodof project Yis2yearsand 11na the NtPesart Vdue Aged X Initial investment, b=$10,000 CashowyearCF $10 CashowyeaCE=$3000 Casiowyeach CashhowyeaCF=$1010 Discountrate =12% No dyeas IF 4 NPVb+(F(1)+CF(H) +(F(Hi)4CF(Hi)