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Project A requires an initial investment of $51 and will pay $21 at the end of the next three years.Project B requires an initial investment
Project A requires an initial investment of $51 and will pay $21 at the end of the next three years.Project B requires an initial investment of $74and will pay $31at the end of the next three years. What is the crossover rate for these two projects?Expressyour crossover rate decimal format andaccuratetothe nearest4decimalplaces(e.g., 0.023450 should be entered as 0.0235, not 0.02345, 2.35%, 2.3450, or anything else...the correct way would be 0.0235).
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