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Byblos Firm is considering two mutually exclusive projects with the following cash flows. What is the crossover rate? A B 0 ($50,000) ($54,000) 1 $31,000

Byblos Firm is considering two mutually exclusive projects with the following cash flows. What is the crossover rate? A B 0 ($50,000) ($54,000)

1 $31,000 $33,000

2 $27,000 $29,000

3 $27,000 $28,000

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