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Hodgkiss Enterprises has gathered projected cash flows for two projects. At what interest rate would company be indifferent between the two projects? the Year Project

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Hodgkiss Enterprises has gathered projected cash flows for two projects. At what interest rate would company be indifferent between the two projects? the Year Project I S185,000 $185,000 85,000 75,000 71,000 57,000 Project J 60,000 62,000 78,000 94,000 4.54% 6.84% 6.04% 7.04%

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