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Matterhorn Mountain Gear is evaluating two projects with the following cash flows: Year Project X Project Y 0 $321,000 $301,850 1 145,300 136,900 2 162,800

Matterhorn Mountain Gear is evaluating two projects with the following cash flows:

Year Project X Project Y
0 $321,000 $301,850
1 145,300 136,900
2 162,800 154,100
3 127,900 119,850

What interest rate will make the NPV for the projects equal?

  • 17.53%

  • .15%

  • 17.39%

  • 13.41%

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