Question: Crenshaw Enterprises has gathered projected cash flows for two projects. a . At what interest rate would the company be indifferent between the two projects?
Crenshaw Enterprises has gathered projected cash flows for two projects.
a At what interest rate would the company be indifferent between the two projects?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b Which project is better if the required return is above this interest rate?
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