Consider the following two mutually exclusive projects:

Year	Cash Flow (X)	Cash Flow (Y)
0	$19,000	$19,000
1	10,800	6,840
2	8,630	9,410
3	5,210	9,300

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

%