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Project A has a five-year life and an initial cost of $1,600 and annual cash flows of $600 per year. Project B also has a

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Project A has a five-year life and an initial cost of $1,600 and annual cash flows of $600 per year. Project B also has a five-year life and an initial cost of $2,500 with annual cash flows of $850 per year. Given this information, calculate the cross- over rate? Finish Timeler Select one: a. 12.85% b. 12.05% c. 12.25% d. 12.45% MacBook Pro Q Search or enter website name B P Toro

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