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You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $552,600 $521,000 1 217,700 207,400 2 227,600 217,200 3
You are evaluating two projects with the following cash flows:
| Year | Project X | Project Y | |||
| 0 | $552,600 | $521,000 | |||
| 1 | 217,700 | 207,400 | |||
| 2 | 227,600 | 217,200 | |||
| 3 | 234,800 | 225,100 | |||
| 4 | 194,500 | 185,900 | |||
What is the crossover rate for these two projects?
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