Consider the following two mutually exclusive projects. What is the IRR for each project? What is the crossover rate between the two projects? What is the NPV for each project at a required return of 11 percent? What is the NPV for each project at the various interest rates shown? 3 = Input area: S B A ($41,300) Year 0 ($41,300) Year 1 6,300 Year 2 14,200 Year 3 17,900 1 Year 4 30,300 2 3 Required return 4 5 Required return 5 Required return Required return 10% 3 Required return 15% Required return 20% O Required return 25% 1 2 (Use cells A6 to C20 from the given information to complete this question. You must use the 3 built-in Excel function to answer this question.) 4 5 Output area: 5 IRR A x 3 IRR B 9 D CF difference 1 Year 0 2 Year 1 3 Year 2 4 Year 3 5 Year 4 Crossover rate NPV A - B I 5 B 9 NPV A ONPV B 1 2 3 NPV at 0% 1 INPV at 5% 5 NPV at 10% 5 NPV at 15% 7 NPV at 20% 3 NPV at 25% 19,100 17,800 15,200 8,400 11% 0% 5% X X x X X X NPV B x