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Question 9 (1 point) Flint Fruits is considering two equally risky, mutually exclusive projects, Projects A and B, that have the following cash flows: Year

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Question 9 (1 point) Flint Fruits is considering two equally risky, mutually exclusive projects, Projects A and B, that have the following cash flows: Year Project A Project B 0 -$100,000 -$100,000 1 40,000 30,000 2 25,000 15,000 3 70.000 80,000 4 40,000 55,000 At what cost of capital (discount rate) would the two projects have the same NPV? That is, what is the crossover rate? a) 11.21% b) 9.56% Oc) 10.33% d) 14.49% e) 12.55%

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