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Consider two projects with the following cash flow streams. What is the crossover rate? Year 0Year 1Year 2 Project A:-$1,000$1,020$110 Project B:-$1,000$110$1,110 6.65% 7.71% 7.81%
Consider two projects with the following cash flow streams. What is the crossover rate?
Year 0Year 1Year 2
Project A:-$1,000$1,020$110
Project B:-$1,000$110$1,110
6.65%
7.71%
7.81%
9.89%
11.11%
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