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

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Finance

You are evaluating two projects with the following cash flows:

Year Project X Project Y 0 ?$549,600 ?$518,500 1 218,200 207,900 2 228,100 217,700 3 235,300 225,600 4 195,000 186,400

What is the crossover rate for these two projects?

10.03%

22.01%

11.03%

22.69%

.68%

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