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You are comparing two mutually exclusive projects. Both projects have an initial cost of $43,000. Project A has cash inflows of $24,000,$21,000, and $18,000 over
You are comparing two mutually exclusive projects. Both projects have an initial cost of $43,000. Project A has cash inflows of $24,000,$21,000, and $18,000 over the next 3 years, respectively. Project B has cash inflows of $13,000,$16,200 and $39,000 over the next 3 years. What is the crossover rate for Projects A and B ? Multiple Choice 19.53 percent 19.79 percent 18.77 percent 18.06 percent
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