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Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $ 19,800 $ 19,800 1 8,800 10,000 2 9,000 7,750
Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0 $ 19,800 $ 19,800 1 8,800 10,000 2 9,000 7,750 3 8,750 8,650 Calculate the IRR for each project. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) IRR Project X % Project Y % What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percent rounded
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