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Current Attempt in Progress You have been hired as consultants for BigCo Manufacturing Company. BigCo is considering several projects and has provided the forecasted annual
Current Attempt in Progress You have been hired as consultants for BigCo Manufacturing Company. BigCo is considering several projects and has provided the forecasted annual after-tax cash flows in Table 1. Project A -1,200 Year o Year 1 Table 1 Annual Cash Flows (All Amounts in $Million) Project B Project C Project D Project E -2,400 -8,500 -5,100 -5,300 1,500 2,000 4,800 2,500 1,200 2,000 1,000 3,000 300 8,000 6,000 5,000 500 2,000 -3,000 1,000 200 2,500 -4,000 3,000 Project G -3,200 1,500 1,200 500 Year 2 Project F -11,000 3,000 2,000 1,000 2,000 3,000 1,000 Year 3 500 Year 4 1,200 2,500 3,000 Year 5 Calculate the crossover rate for projects B and C from Table 1. (Round answer to 2 decimal places, e.g. 25.25%.) Crossover rate %
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