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You are comparing two mutually exclusive projects. Both projects have an initial cost of $46,000 . Project A has cash inflows of $27,000 , $24,000
You are comparing two mutually exclusive projects. Both projects have an initial cost of $46,000 . Project A has cash inflows of $27,000 , $24,000 , and $21,000 over the next 3 years, respectively. Project B has cash inflows of $16,000 , $20,400 and $42,000 over the next 3 years. What is the crossover rate for Projects A and B? 23.48 percent 24.24 percent 24.50 percent 22.77 percent
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