Question: Bob's Lawnmowing Corp. has two projects to choose from a manufacturing building renovation or a rebuild of the manufacturing building. The cash flows of the

 Bob's Lawnmowing Corp. has two projects to choose from a manufacturing

Bob's Lawnmowing Corp. has two projects to choose from a manufacturing building renovation or a rebuild of the manufacturing building. The cash flows of the two project opportunities are represented in this table: Renovation -2000 400 1000 400 300 100 Rebuild -4000 800 1200 600 800 900 What is the interest rate at which you're indifferent between these two projects

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