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Garage, Inc., has identified the following two mutually exclusive projects: Year Cash Flow A Cash Flow B 0 -28000 -28000 1 13500 3850 2 11400
Garage, Inc., has identified the following two mutually exclusive projects: |
Year | Cash Flow A | Cash Flow B |
0 | -28000 | -28000 |
1 | 13500 | 3850 |
2 | 11400 | 9350 |
3 | 8750 | 14300 |
4 | 4650 | 15900 |
At what discount rate would the company be indifferent between these two projects? Discount rate_____% |
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