Projects A amp; B are mutually exclusive. Project A has cash flows of -$10,000, $5,100, $3,400, and $4,500 for years 0 to 3.
Projects A & B are mutually exclusive. Project A has cash flows of -$10,000, $5,100, $3,400, and $4,500 for years 0 to 3. Project B has cash flows of -$10,000, $4,500, $3,400, and $5,100 for years 0 to 3. What is the crossover rate for the two projects?
A) 5.48 percent B) 4.94 percent C) 2.75 percent D) 0 percent E) 6.71
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