Question: 54. Suppose you are evaluating two mutually exclusive projects, A and B. Project A costs $300 and has cash flows of $250 and $200 in
54. Suppose you are evaluating two mutually exclusive projects, A and B. Project A costs $300 and has cash flows of $250 and $200 in the next 2 years, respectively. B costs $350 and generates cash flows of $300 and $250. What is the crossover rate for these projects?
A. 26.38% B. 27.47% C. 30.28% D. 61.80% E. 83.48%
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