Question: Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $15,200 $15,200 1 6,780 7,430 2 7,360 7,660 3 4,880
| Consider the following two mutually exclusive projects: |
| Year | Cash Flow (X) | Cash Flow (Y) |
| 0 | $15,200 | $15,200 |
| 1 | 6,780 | 7,430 |
| 2 | 7,360 | 7,660 |
| 3 | 4,880 | 3,770 |
| 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.) |
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