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You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $553,200 $521,400 1 217,600 207,300 2 227,500 217,100 3
You are evaluating two projects with the following cash flows:
| Year | Project X | Project Y | |||
| 0 | $553,200 | $521,400 | |||
| 1 | 217,600 | 207,300 | |||
| 2 | 227,500 | 217,100 | |||
| 3 | 234,700 | 225,000 | |||
| 4 | 194,400 | 185,800 | |||
What is the crossover rate for these two projects?
Multiple Choice
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22.23%
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9.88%
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.72%
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8.98%
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21.51%
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Contemporary Issues In Finance
Authors: Simon Grima, Frank Bezzina, Inna Romanova
1st Edition
1786359073, 978-1786359070
