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Given the following two mutually exclusive projects, find the crossover rate (incremental IRR). Year Project A Project B 0 -$16,000 -$16,000 1 11,000 5,000 2
Given the following two mutually exclusive projects, find the crossover rate (incremental IRR). Year Project A Project B 0 -$16,000 -$16,000 1 11,000 5,000 2 8,000 7,000 3 3,000 12,000 A. 15.20 B. 15.69 C. 14.42 D. 11.39 E. 12.18
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