Question
The Walk-Up Window is considering two mutually exclusive projects. Project A has an initial cost of $49,230 and annual cash flows of $31,200 for three
The Walk-Up Window is considering two mutually exclusive projects. Project A has an initial cost of $49,230 and annual cash flows of $31,200 for three years. Project B has an initial cost of $21,400 and annual cash flows of $21,400 for two years. What is the crossover rate?
| a | 26.18% |
| b | 29.39% |
| c | 15.44% |
| d | -20.49% |
| e | 15.86% |
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
