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Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) -$16,400 -$16,400 6,660 7,190 7,240 7,780 4,760 3,530 2 3 a.
Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) -$16,400 -$16,400 6,660 7,190 7,240 7,780 4,760 3,530 2 3 a. 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.) b. 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.) c. 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.) a. IRR % b. IRR % C. Crossover rate
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