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Nast Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive. Calculate the crossover rate. 1 2

Nast Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive. Calculate the crossover rate. 1 2 3 4 CFS 0 ($1,100) ($2,200) $375 $725 $375 $725 $375 $725 $375 $725 CFL Crossover rate

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