Question: 5) Project A has a five-year life and an initial cost of $2,000 and annual cash flows of $700 per year. Proje also has a


5) Project A has a five-year life and an initial cost of $2,000 and annual cash flows of $700 per year. Proje also has a five-year life and an initial cost of $3,000 with annual cash flows of $950 per year. Given this information, calculate the NPV that the IRR cross-over rate provides. 5 )
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