assume that you are the cheif financial officer at porter memorial hospital. the CEO has asked you to analyze two proposed capital investments- project X and Project Y. Each project requires a net investment outlay of $10,000 and the cost of capital for e

assume that you are the cheif financial officer at porter memorial hospital. the CEO has asked you to analyze two proposed capital investments- project X and Project Y. Each project requires a net investment outlay of $10,000 and the cost of capital for each project is 12 percent. The projects expected net cash flows are as follows:YEAR ___ PROJECT X _____ PROJECT Y0 _____ ($10,000) ______ ($10,000)1 _____ 6,500 ______ 3,0002 ______ 3,000 _______ 3,0003 _______ 3,000 ________ 3,0004 _______ 1,000 ________ 3,000a. calculate each projest’s payback period, net present value(NPV), and internal rate of return(IR).b. which project(or projects) is financially acceptable? explain your answer.