Consider the cash flows of the 2 competing projects below. The "crossover rate" between the...
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Finance
Consider the cash flows of the 2 competing projects below. The "crossover rate" between the 2 projects is _______%.
Round your answer to 2 decimal places (example: for 12.345%, you should enter 12.35).
Margin of error for correct responses: .03(%)
| Project Hock | Project Aye | |
| yr.0 | -800 | -1000 |
| yr.1 | 300 | 400 |
| yr.2 | 500 | 500 |
| yr.3 | 300 | 500 |
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