Consider the following two mutually exclusive projects. Year 1 2 3 Cash Flow (X) Cash Flow (Y) -$16.900 -$16.900 6.610 7,090 7,190 7,830 4,710 3,430 a. What is the IRR of Project X? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the IRR of Project Y? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the crossover rate for these two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) de % % % aces a. IRR b. IRR Crossover rate The Whenworth Corporation is trying to choose between the following two mutually exclusive design projects Year Cash Flow (l) Cash Flow (1) $75,000 -$33,000 1 28.500 10,500 2 35,000 22,500 3 41,000 16,500 WNO a-1. If the required return is 13 percent, what is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) a-2. If the company applies the profitability index decision rule, which project should it take? b-1. If the required return is 13 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2. If the company applies the net present value decision rule, which project should it take? a-1. Project 1 Project 1 a 2. b.1. Project Project b-2