38. You are evaluating two projects with the following cash flows: Project X...

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Finance

38.

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You are evaluating two projects with the following cash flows: Project X -$540,000 Year Project Y 0 -$510,500 1 219,800 209,500 2 229,700 219,300 3 236,900 227,200 4 188,000 196,600 What is the crossover rate for these two projects? O 23.38% O .59% 23.97% O 13.85% O 12.59%

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