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

Hodgkiss Enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two projects? Which project is better if the required return is above this interest rate?WHY?

Year Project I Project J 0 -172000 -172000 1 90200 65000 2 84400 75800 3 60200 72800 4 60800 88000

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