Consider the following two mutually exclusive projects:

Year	Cash Flow (X)	Cash Flow (Y)
0	-$ 20,000	-$ 20,000
1	8,850	10,100
2	9,100	7,800
3	8,800	8,700

Calculate the IRR for each project. (Round your answers to 2 decimal places. (e.g., 32.16)).

	IRR
Project X	%
Project Y	%

What is the crossover rate for these two projects? (Round your answer to 2 decimal places. (e.g., 32.16)).

Crossover rate

%

What is the NPV of Projects X and Y at discount rates of 0%, 15%, and 25%? (Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))

Discount rate	Project X	Project Y
0%	$	$
15%	$	$
25%	$	$