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Hodgkiss Enterprises has gathered projected cash flows for two projects. Year Project I Project J 0 $ 262,000 $ 262,000 1 113,800 92,200 2 105,400
Hodgkiss Enterprises has gathered projected cash flows for two projects.
| Year | Project I | Project J | ||
| 0 | $ | 262,000 | $ | 262,000 |
| 1 | 113,800 | 92,200 | ||
| 2 | 105,400 | 100,200 | ||
| 3 | 89,400 | 102,200 | ||
| 4 | 78,400 | 109,200 | ||
At what interest rate would the company be indifferent between the two projects?
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann, Francesco Fabozzi
9th Edition
1260473899, 978-1260473896
