Consider the following two mutually exclusive projects:

Year	Cash Flow (X)	Cash Flow (Y)
0	$16,500	$16,500
1	6,650	7,170
2	7,230	7,790
3	4,750	3,510

Requirement 1:

(a)	What is the IRR of Project X? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

IRR

%

(b)	What is the IRR of Project Y? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

IRR

%

Requirement 2:

What is the crossover rate for these two projects? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Crossover rate

%