Question: Consider the following two mutually exclusive projects: Year 1 2 3 Cash Flow (X) Cash Flow (Y) -$23,900 -$23,900 13,100 9,300 9,480 10,620 7,890 11,180

 Consider the following two mutually exclusive projects: Year 1 2 3

Consider the following two mutually exclusive projects: Year 1 2 3 Cash Flow (X) Cash Flow (Y) -$23,900 -$23,900 13,100 9,300 9,480 10,620 7,890 11,180 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.) a. IRR b. IRR Crossover rate % % % C

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