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Matterhorn Mountain Gear is evaluating two projects with the following cash flows: Year Project x Project Y O 0 M $318,800 146,400 163,900 129,000 $298,000

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Matterhorn Mountain Gear is evaluating two projects with the following cash flows: Year Project x Project Y O 0 M $318,800 146,400 163,900 129,000 $298,000 137,450 154,650 120,400 What interest rate will make the NPV for the projects equal? Multiple Choice 12.38% 18.60% 31%

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