$510$ points

Project $x$ has an initial cash outflow of $$1,025$ and cash inflows of $$650,$$$450,$$$250,$ and $$50$ a year over the next four years, respectively. Project $Y$ has an initial cash outflow of $$1,025$ and cash inflows of $$100,$$$300,$$$520,$ and $$700$ a year over the next four years. What is the cross$-$over rate of these two projects?

$13\mathrm{.}18\%$

$10\mathrm{.}55\%$

$11\mathrm{.}60\%$

$7\mathrm{.}91\%$