Consider the following two mutually exclusive projects:

Year	Cash Flow (X)	Cash Flow (Y)
0	$15,300	$15,300
1	6,770	7,410
2	7,350	7,670
3	4,870	3,750

Requirement 1:

(a)	What is the IRR of Project X? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

IRR

%

(b)	What is the IRR of Project Y? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

IRR

%

Requirement 2:

What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Crossover rate

%