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Project A has an upfront cost of $ 3 0 0 and, starting one year today, pays an annual cash flow of $ 3 6
Project A has an upfront cost of $ and, starting one year today, pays an annual cash flow of $ forever ie it is a perpetuity Project B has an upfront cost of $ and, starting one year today, pays an annual cash flow of $ forever ie it is a perpetuity What is the crossover rate for these two projects?
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