Question
Given the following: Project A: CF 0 = -$23,000; CF 1 = $6,000; CF 2 = $8,500; CF 3 = $15,100 Project B: CF 0
Given the following:
Project A: CF0= -$23,000; CF1= $6,000; CF2= $8,500; CF3= $15,100
Project B: CF0= -$20,000; CF1= $4,000; CF2= $7,550; CF3= $14,600
What is the crossover rate (r)?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
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