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Project A has a four-year life and an initial cost of $2,600 and annual cash flows of $800 per year. Project B also has a
Project A has a four-year life and an initial cost of $2,600 and annual cash flows of $800 per year. Project B also has a four-year life and an initial cost of $3,100 with annual cash flows of $1000 per year. Given this information, calculate the IRR cross-over rate. 0 20.78% 19.67% 22.35% 21.86%
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