Consider the following two mutually exclusive projects:

Year 0 Cash Flow(X) - $19,200 Cash Flow(Y) -$19,200

Year 1 Cash Flow(X) 8,650 Cash Flow(Y) 9,700

Year 2 Cash Flow(X) 8,700 Cash Flow(Y) 7,600

Year 3 Cash Flow (X) 8,600 Cash Flow (Y) 8,500

A.) Calculate the IRR for each project.

Project X ___%

Project Y ___%

B.) What is the crossover rate for these two projects?

C.) What is the NPV of Projects X and Y at discount rates of 0 percent, 15 percent, and 25 percent?