Question
Consider the following two mutually exclusive projects:YearCash Flow (X)Cash Flow (Y)0$16,200$16,20016,6807,23027,2607,76034,7803,570 a. What is the IRR of Project X? (Do not round intermediate calculations and
Consider the following two mutually exclusive projects:YearCash Flow (X)Cash Flow (Y)0$16,200$16,20016,6807,23027,2607,76034,7803,570a.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.)
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