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Bee Ware Company is presented with the following two mutually exclusive projects. The required return for both projects is 17.5 percent. Project M: Year 0
Bee Ware Company is presented with the following two mutually exclusive projects. The required return for both projects is 17.5 percent. Project M: Year 0 is -$191,492 , Year 1 is $68,000 , Year 2 is $94,500 , Year 3 is $76,000 , Year 4 is $72,500 Project N: Year 0 is -$278,559 , Year 1 is $103,000 , Year 2 is $136,500 , Year 3 is $115,000 , Year 4 is $75,000 , What is the crossover rate
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