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

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3 18. Crossover Point Crenshaw 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 ! Project J 0 1 2 -$189,000 93,500 84,600 63,200 57,800 -$189,000 73,600 72,800 76,800 84,000 CS Scanned with SamSca$7,500

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