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You are evaluating two projects with the following cash flows: Year Project x Project Y 0 1 2 3 $544,800 219,000 228,900 236,100 195,800 $514,500

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You are evaluating two projects with the following cash flows: Year Project x Project Y 0 1 2 3 $544,800 219,000 228,900 236,100 195,800 $514,500 208,700 218,500 226,400 187,200 4 What is the crossover rate for these two projects? Multiple Choice 22.69% 12.41% .64% d 11.28% 23.33%

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