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Question 22 2.5 pts Use the following after-tax cash flows for project A and B to answer the next question: (Numbers in parentheses are negative)

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Question 22 2.5 pts Use the following after-tax cash flows for project A and B to answer the next question: (Numbers in parentheses are negative) These two projects are mutually exclusive. Year Cash Flow of A Cash Flow of B 0 ($2,000) ($2,000) 1 $900 $800 2 $850 $650 3 $650 $450 4 $510 $910 5 ($200) $100 What is the approximate crossover point between the two projects if the required rate of return is 12%? 740% There is no crossover point in this case because project A is a nonconventional project 16.11% 12.31% 12.00%

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