You are a financial analyst for the Brittle Company. The director of capital budgeting has asked you to analyze two proposed capital investments: Projects X and Y. Each project has a cost of $10,000,...

You are a financial analyst for the Brittle Company. The director of capital budgeting has asked you to analyze two proposed capital investments: Projects X and Y. Each project has a cost of $10,000, and the cost of capital for each is 12%. The projects' expected net cash flows are shown in the table below.

Expected Net Cash Flows

Year	Project X	Project Y
0	– $10,000	– $10,000
1	6,500	3,500
2	3,000	3,500
3	3,000	3,500
4	1,000	3,500

1. Use the Homework Student Workbook to calculate each project's net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), and profitability index (PI).


2. Which project or projects should be accepted if they are independent?


3. Which project or projects should be accepted if they are mutually exclusive?

This course uses homework problems to demonstrate competence and allow for practice with calculations unique to finance. Complete all your calculations in the Homework Student Workbook. Then summarize your findings and discuss the implications of the findings for the business or potential business transaction. Follow the instructions for each question in Modules Three and Five and complete the assigned work. Guidelines for Submission: Each homework assignment must be submitted as a 1-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Any sources should be cited according to APA style. In addition, your Homework Student Workbook must be submitted to demonstrate all calculations.