Problem $9-13$ NPV versus IRR LO$1,5)$

Consider the following two mutually exclusive projects:

Calculate the IRR for each project. $($Round the final answers to $2$ decimal places.$)$

What is the crossover rate for these two projects? $($Round the final answer to $2$ decimal places.$)$

Crossover rate

$\%$

What is the NPV of Projects $x$ and $Y$ at discount rates of $0\%,15\%,$ and $25\%?($Negative answers should be indicated by a minus sign.

Round the final answers to $2$ decimal places. Omit $ sign in your response.$)$Problem $9-13$ NPV versus IRR $($LO$1,5)$

Consider the following two mutually exclusive projects:

Year

$2$

Cash Flow

$($X$)$

$-$$ $20,000$

$8,850$

$9,100$

$8,800$

Cash Flow

$($Y$)$

$-$$ $20,000$

$10,100$

$7,800$

$8,700$

Calculate the IRR for each project. $($Round the final answers to $2$ decimal places.$)$

IRR

Project X

Project Y

What is the crossover rate for these two projects? $($Round the final answer to $2$ decimal places.$)$

Crossover rate

$\%$

What is the NPV of Projects X and Y at discount rates of $0\%,15\%,$ and $25\%?($Negative answers should be indicated by a minus sign.

Round the final answers to $2$ decimal places. Omit $ sign in your response.$)$

Discount Rate

$0\%$

$15\%$

$25\%$

Project X

$

$

$

Project Y

$