Consider the following two mutually exclusive projects:

Year Cash Flow (X) Cash Flow (Y) 0 $ 19,600 $ 19,600 1 8,750 9,900 2 8,900 7,700 3 8,700 8,600

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 to 2 decimal places, e.g., 32.16.)

Crossover rate %

What is the NPV of Projects X and Y at discount rates of 0%, 15%, and 25%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Discount rate Project X Project Y 0% $ 15% $ 25% $