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You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $542,400 $512,500 1 219,400 209,100 2 229,300 218,900 3
You are evaluating two projects with the following cash flows:
Year | Project X | Project Y | |||
0 | $542,400 | $512,500 | |||
1 | 219,400 | 209,100 | |||
2 | 229,300 | 218,900 | |||
3 | 236,500 | 226,800 | |||
4 | 196,200 | 187,600 | |||
What is the crossover rate for these two projects?
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