You are analyzing two mutually excluse projects, C and D. Project C will have a cash outflow of $44,000 at timepoint zero, a cash inflow of $2,000 at timepoint one, a cash inflow of $12,000 at timepoint two, a cash inflow of $14,000 at timepoint three, a cash inflow of $15,000 at timepoint four, and a cash inflow of $24,000 at timepoint five.

Project Y will have a cash outflow of $41,000 at timepoint zero, a cash inflow of $8,000 at timepoint one, a cash inflow of $19,000 at timepoint two, a cash inflow of $22,000 at timepoint three, a cash inflow of $6,000 at timepoint four, and a cash inflow of $4,000 at timepoint five.

For both projects, the appropriate rate of return for the risks is 9%. What is the Crossover Rate?