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18. Crossover Point. Hodgkiss Enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two

18. Crossover Point. Hodgkiss Enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two projects? Which project is better if the required return is above this interest rate? Why? Year Project 1 Project J 1 2 3 4 -$172,000 83,200 74,400 63,200 57,800 -$172,000 60,000 68,800 76,800 84,000

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