Question: (CHAPTER 9) Two projects have the following estimated cash flows Project A Project B Today -$60,000 -$60,000 1 year from today $33,000 $31,000 2 years

 (CHAPTER 9) Two projects have the following estimated cash flows Project

(CHAPTER 9) Two projects have the following estimated cash flows Project "A" Project "B" Today -$60,000 -$60,000 1 year from today $33,000 $31,000 2 years from today 538,000 530,000 3 years from today $45,000 $57,000 (a) Calculate the crossover rate". The calculated answer is (b) TRUE OR FALSE? Both projects have a zero Net Present Value at a discount rate equal to the calculated "crossover rate". This statement is

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