Your company is considering Projects X and Y, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. If you decide to invest in the project with the higher IRR, how much value will be forgone, if any? Note that under certain conditions choosing projects on the basis of the IRR will not cause any value to be lost because the one with the higher IRR will also have the higher NPV. WACC: 12.00% Time Periods: 0 1 2 3 4 Cash FlowX $1,025 $650 $450 $250 $50 Cash FlowY $1,025 $100 $300 $500 $700 options: a) $1.44 b) $1.30 c) $1.17 d) $0.00