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You are comparing two mutually exclusive projects. Both projects have an initial cost of $45,500. Project A has cash inflows of $26,500, $23,500, and $20,500

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You are comparing two mutually exclusive projects. Both projects have an initial cost of $45,500. Project A has cash inflows of $26,500, $23,500, and $20,500 over the next 3 years, respectively. Project B has cash inflows of $15,500, $19,700 and $41,500 over the next 3 years. What is the crossover rate for Projects A and B? Multiple Choice 23.44 percent o 21.97 percent o 22.68 percent o 23.70 percent o

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