Question: Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $ 19,300 $ 19,300 1 8,675 9,750 2 8,750 7,625
| Consider the following two mutually exclusive projects: |
| Year | Cash Flow (X) | Cash Flow (Y) | |||||
| 0 | $ | 19,300 | $ | 19,300 | |||
| 1 | 8,675 | 9,750 | |||||
| 2 | 8,750 | 7,625 | |||||
| 3 | 8,625 | 8,525 | |||||
| Calculate the IRR for each project. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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