Question
Given the following: Project A: CF 0 = -$23,320; CF 1 = $6,400; CF 2 = $8,900; CF 3 = $15,500 Project B: CF 0
Given the following: Project A: CF0= -$23,320; CF1= $6,400; CF2= $8,900; CF3= $15,500
Project B: CF0= -$19,920; CF1= $4,080; CF2= $7,870; CF3= $14,920
What is the crossover rate (r)?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
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