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I need help with part A finding the Interest Rate. Crenshaw Enterprises has gathered projected cash flows for two projects. a. At what interest rate

I need help with part A finding the Interest Rate. image text in transcribed

Crenshaw Enterprises has gathered projected cash flows for two projects. a. At what interest rate would the company be indifferent between the two projects? Note: Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. Which project is better if the required return is above this Interest rate

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