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to answer the questions below. Open spreadsheet of $ 1 0 , 5 5 0 , 0 0 0 should be entered as 1 0
to answer the questions below.
Open spreadsheet
of $ should be entered as
Plan A: $ million
Plan B: $ million
Calculate each project's IRR. Round your answer to two decimal places.
Plan A:
Plan B:
b By graphing the NPV profiles for Plan A and Plan B approximate the crossover rate to the nearest percent.
c Calculate the crossover rate where the two projects' NPVs are equal. Round your answer to two decimal places.
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