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Boston Chicken is considering two mutually exclusive projects with the following cash flows. What is the crossover rate? If the required rate of return is
Boston Chicken is considering two mutually exclusive projects with the following cash flows. What is the crossover rate? If the required rate of return is lower than the crossover rate, which project should be accpeted?
Year Project A Project B
0 -50,000 -50,000
1 31,000 42,000
2 26,000 21,000
3 27,000 18,000
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