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The cash flows for two mutually exclusive investment projects S and L are listed below. What is the crossover rate for these two projects? Project
The cash flows for two mutually exclusive investment projects S and L are listed below. What is the crossover rate for these two projects?
Project Year 0 Year 1 Year 2 Year 3
S -$200 $100 $100 $100
L -$320 $180 $130 $130
a. 10.0
b. 11.2
c. 11.7
d. 12.3
e. 13.1
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