You are comparing two mutually exclusive projects. Both projects have an initial cost of $43,500...
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| You are comparing two mutually exclusive projects. Both projects have an initial cost of $43,500 . Project A has cash inflows of $24,500 , $21,500 , and $18,500 over the next 3 years, respectively. Project B has cash inflows of $13,500 , $16,900 and $39,500 over the next 3 years. What is the crossover rate for Projects A and B? |
19.54 percent
20.56 percent
20.30 percent
18.83 percent
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