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Glass inc. is considering Projects and L, whose cash flows are shown below. These projects are mutually exclusive equally risky, and not repeatable. What is

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Glass inc. is considering Projects and L, whose cash flows are shown below. These projects are mutually exclusive equally risky, and not repeatable. What is the crossover rate? Year o 1 2 3 CFS $3,200 $1,500 $1,450 $900 $1,000 $100 CFL $3,000 $1,300 $1,050 $1,100 $1,200 $50 12.179 o 12.15% Answer can not be found. o 12.18% 12.16%

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