Question: Crenshaw enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two projects?Which project is

Crenshaw enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two projects?Which project is better if the required return is above this interest rate? Why?

Year. Project 1 Project 2

0. -267,000. -267,000

1. 113,300 95,200

2 106,400 100,700

3 90,400 102,700

4 79,400 109,700

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