Question: Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $ 16,900 $ 16,900 1 6,610 7,090 2 7,190 7,830

Consider the following two mutually exclusive projects:

Year Cash Flow (X) Cash Flow (Y)
0 $ 16,900 $ 16,900
1 6,610 7,090
2 7,190 7,830
3 4,710 3,430

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.) IRR % 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.) IRR % 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.) Crossover rate %

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