Question
You are evaluating two projects with the following cash flows: Year Project X Project Y o -$540,000 -$510,500 1 219,800 209,500 2 229,700 219,300 3
You are evaluating two projects with the following cash flows:
Year Project X Project Y
o -$540,000 -$510,500
1 219,800 209,500
2 229,700 219,300
3 236,900 227,200
4 196,600 188,000
What is the crossover rate for these two projects?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
