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Dax Systems is considering a project that has the following cash flows for Project X and Y. What is the cross over rate, if any?

Dax Systems is considering a project that has the following cash flows for Project X and Y. What is the cross over rate, if any? Cost of Capital = 10% Year Project X Project Y 0 -$1,000 -$2,000 1 $500 $1,400 2 $500 $800 3 $500 $400

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