Question
Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y)0 1 -$16,300 $16,300 2 6,670 7,210 3 7,250 7,770 4 4,770
Consider the following two mutually exclusive projects:
Year Cash Flow (X) Cash Flow (Y)0
1 -$16,300 $16,300
2 6,670 7,210
3 7,250 7,770
4 4,770 3,550
What is the IRR of Project X?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
IRR7.56%
What is the IRR of Project Y?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
IRR7.45%
What is the crossover rate for these two projects?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Crossover rate%
How do I calculate the crossover rate using a TI-83 plus calculator?
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