Calculate the IRR of each project. What is the crossover rate for these two projects? What is the NPV of projects X and Y at discount rates of 0%, 15% and 25%?

Project  X

 Year              0)            1)          2)              3)

cash flow -19200    8650     8700       8600

Project  Y 

Year                0)               1)         2)         3)

Cash Flow -19200    9700        7600     8500