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Consider the following two mutually exclusive projects: Year Cash Flow ( X ) Cash Flow ( Y ) 0 $ 3 0 , 0 0

Consider the following two mutually exclusive projects:
Year Cash Flow (X) Cash Flow (Y)
0$ 30,000$ 30,000
113,70015,600
214,20012,200
313,40013,300
What is the IRR of Project X?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
What is the IRR of Project Y?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
What is the crossover rate for these two projects?

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