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Please explain at what discount rate would the company be indifferent between these two projects? The correct answer is 6.41%, but I do not
Please explain at what discount rate would the company be indifferent between these two projects? The correct answer is 6.41%, but I do not know how to get to that calculation. NO EXCEL PLEASE! Financial calculator (ba ii plus) allowed and strongly preferred if possible. TIA!!! Bruin, Incorporated, has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$ 41,000 -$ 41,000 1 19,400 5,600 2 14,900 12,100 3 12,400 18,600 4 9,400 22,600
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