Question $11$

Project $x$ and Project $Y$ are mutually exclusive and last $4$ years. The initial investment in both of them is $$18,000.$

The cash flows of Project $x$ are $$4,00,$ $$5,000,$$$6,000$ and $$7,000.$ Project $B$ has cash flows of $$7,000,$$$6,000,$$$5,000$ and $$4,000.$ Calculate the difference between the two projects' IRRs, specifically Project Y$\text{'}$s IRR minus Project X$\text{'}$s IRR.