Question
S09-13 NPV versus IRR [LO1, 5] Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0123 -$ 30,000 -$
S09-13 NPV versus IRR [LO1, 5] Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) 0123 -$ 30,000 -$ 30,000 13,700 15,600 14,200 12,200 13,400 13,300 Calculate the IRR for each project. (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.10.) Project X Project Y 96 9% What is the crossover rate for these two projects? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Crossover rate 96
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