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Two projects are expected to generate the following cash flows: For Project X, Year 0=2,500, Year 1=500, Year 2=1,000, Year 3= 1,500. For Project Y,

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Two projects are expected to generate the following cash flows: For Project X, Year 0=2,500, Year 1=500, Year 2=1,000, Year 3= 1,500. For Project Y, Year 0=2,900, Year 1=750, Year 2=1,000, Year 3=2,000. What is the crossover rate? Multiple Choice 8.217 .846 0.00% 33.08%

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