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Daisy Duck is considering two mutually exclusive projects with the following cash flows. What is the crossover rate of the two projects? If Daisy Duck

Daisy Duck is considering two mutually exclusive projects with the following cash flows. What is the crossover rate of the two projects? If Daisy Duck has a 10% required rate of return, which project should she pick? (10pt)

Year Project A Project B

0 -$75,000 -$75,000

1 $26,300 $24,000

2 $29,500 $26,900

3 $45,300 $51,300

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