Consider the following two mutually exclusive projects:
YearCash Flow
(X) Cash Flow
(Y)0-$19,700 -$19,700 1 8,775 9,950 2 8,950 7,725 3 8,725 8,625
Calculate the IRR for each project. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
IRR Project X % Project Y %
What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Crossover rate %
What is the NPV of Projects X and Y at discount rates of 0%, 15%, and 25%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Discount rateProject XProject Y0%$ $ 15%$ $ 25%$ $