You are evaluating two projects with the following cash flows: Year Project X Project Y...
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Finance
You are evaluating two projects with the following cash flows:
Year Project X Project Y
0 $546,600 $516,000
1 218,700 208,400
2 228,600 218,200
3 235,800 226,100
4 195,500 186,900
What is the crossover rate for these two projects?
A) 10.81%
B) 22.44%
C) 11.89%
D) .65%
E) 23.09%
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