Problem 8-11 NPV versus IRR [LO 3, 4) Consider the following two mutually exclusive projects: Year 0 Cash Flow (X) -$15,700 6,730 7,310 4,830 Cash Flow (Y) -$15,700 7,330 7710 3,670 WN 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 (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? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places le.g.. 32.16).) Crossover rate