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13. NPV versus IRR Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) -$10,000 -$10,000 5,400 4,500 3,400 3,600 4,500

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13. NPV versus IRR Consider the following two mutually exclusive projects: Year Cash Flow (X) Cash Flow (Y) -$10,000 -$10,000 5,400 4,500 3,400 3,600 4,500 5,400 Sketch the NPV profiles for X and Y over a range of discount rates from zero to 25 percent. What is the crossover rate for these two projects

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