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Matterhorn Mountain Gear is evaluating two projects with the following cash flows: Year Project X Project Y 0 $320,000 $300,100 1 145,800 137,150 2 163,300

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

Year Project

X Project Y 0 $320,000 $300,100 1 145,800 137,150 2 163,300 154,350 3 128,400 120,100

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

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