Question: Consider the following two mutually exclusive projects: Year o 1 2 3 Cash Flow (X) Cash Flow (Y) -$16,600 -$16,600 6,640 7,150 7,220 7,800 4,740

Consider the following two mutually exclusive projects: Year o 1 2 3 Cash Flow (X) Cash Flow (Y) -$16,600 -$16,600 6,640 7,150 7,220 7,800 4,740 3,490 Requirement 1: (a)What is the IRR of Project X? (Do not round Intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) IRR 58% ces (b)What is the IRR of Project Y? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) IRR % Requirement 2: What is the crossover rate for these two projects? (not round intermediate calculations. Enter your answer as a percentage rounde 2 decimal places (e.g. 32.16).) Crossover rate %

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