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What is the crossover rate for the following two projects? Year Project A Project B 0 -1,200 -1,300 1 750 300 2 500 500 3
What is the crossover rate for the following two projects?
| Year | Project A | Project B |
| 0 | -1,200 | -1,300 |
| 1 | 750 | 300 |
| 2 | 500 | 500 |
| 3 | 300 | 950 |
Select one:
a. 6.49%b. 7.43%c. 6.72%d. 7.94%e. 7%
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
