13. You are asked to evaluate two projects for Adventures Club Inc. Using the net present value method which project would you select? Use a discount rate of 12 percent. Project X Year Cash Flow 0 -$10,000 1 $4,000 2 $5,000 3 $4,200 4 $3,600 Project Y Year Cash Flow 0 $22,000 1 $10,800 2 $9,600 3 $6,000 4 $7,000.
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