Consider the following two mutually exclusive projects:

Year	Cash Flow (X)				Cash Flow (Y)
0	$	19,000			$	19,000
1		8,600				9,600
2		8,600				7,550
3		8,550				8,450

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.)

	IRR
Project X	%
Project Y	%

What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Crossover rate

%

. . . . . I only need help with the cross over rate. Can someone please get the right answer and explain how you did so. Thank you.