Question

You are evaluating two projects with the following cash flows: Year Project X Project Y 0...

You are evaluating two projects with the following cash flows:

Year Project X Project Y
0 ?$549,600 ?$518,500
1 218,200 207,900
2 228,100 217,700
3 235,300 225,600
4 195,000 186,400


What is the crossover rate for these two projects?

10.03%

22.01%

11.03%

22.69%

.68%

0 0
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