Question: Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $16,100 $16,100 1 6,690 7,250 2 7,270 7,750 3 4,790
Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $16,100 $16,100 1 6,690 7,250 2 7,270 7,750 3 4,790 3,590 Requirement 1: (a) What is the IRR of Project X? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) IRR % (b) What is the IRR of Project Y? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) IRR % Requirement 2: What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Crossover rate %
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