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Consider the following two mutually exclusive projects: Year Cash Flow (X) -$20,400 Cash Flow (Y) O $20,400 1 WN- 8,950 9,300 8,900 10,300 7,900 8,800
Consider the following two mutually exclusive projects: Year Cash Flow (X) -$20,400 Cash Flow (Y) O $20,400 1 WN- 8,950 9,300 8,900 10,300 7,900 8,800 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.) % Project X Project Y % What is the crossover rate for these two projects? Refer to the text and lectures on tips for calculating the crossover rate using the IRR function on your financial calculator and Excel. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What is the crossover rate for these two projects? Refer to the text and lectures on tips for calculating the crossover rate using the IRR function on your financial calculator and Excel. (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 O percent, 15 percent, and 25 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project X Project Y 0% 15% 25%
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