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Consider the following two mutually exclusive projects: Year 0 1 2 3 Cash Flow (X) -$16,300 6,670 7,250 4,770 Cash Flow (Y) -$16,300 7,210 7,770

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Consider the following two mutually exclusive projects: Year 0 1 2 3 Cash Flow (X) -$16,300 6,670 7,250 4,770 Cash Flow (Y) -$16,300 7,210 7,770 3,550 a. What is the IRR of Project X? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the IRR of Project Y? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the crossover rate for these two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. IRR % b. IRR % % C. Crossover rate

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