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Consider the cash flows of the 2 competing projects below. The crossover rate between the 2 projects is _______%. Round your answer to 2 decimal

Consider the cash flows of the 2 competing projects below. The "crossover rate" between the 2 projects is _______%.

Round your answer to 2 decimal places (example: for 12.345%, you should enter 12.35).

Project one Project two

yr.0

-800 -1000
yr.1 300 400
yr.2 500 500
yr.3 300 500

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