(7) A firm is planning to improve its infrastructure, and currently there are two projects considered for this purpose: Project X and Project Y. Project X has an initial cost of $80,346.78 and is expected to generate annual cash flows of $8,000 for the next 17 years, Project Y has an initial cost of $40,000.00 and is expected to generate annual cash flows of $4,300 for the next 17 years. What is the crossover rate where the two projects have the same NPVs? 4.915 5.78% 5.94% 5.23% 5.45%