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Two mutually exclusive projects are being considered and provide the following cash flows. Project A has an initial investment of $1.5 million. Project B has

  1. Two mutually exclusive projects are being considered and provide the following cash flows. Project A has an initial investment of $1.5 million. Project B has an initial investment of $3.8 million. What is the crossover rate between the two projects?

  • 10.93%

  • 10.71%

  • 10.79%

  • 11.02%

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