Question: D Question 7 1 pts (7) A firm is planning to improve its infrastructure, and currently there are two projects considered for this purpose: Project
D Question 7 1 pts (7) A firm is planning to improve its infrastructure, and currently there are two projects considered for this purpose: Project X and Project Y. Project X has an initial cost of $73,535.91 and is expected to generate annual cash flows of $10,000 for the next 13 years. Project Y has an initial cost of $36,000.00 and is expected to generate annual cash flows of $5,600 for the next 13 years. What is the crossover rate where the two projects have the same NPVS? 6.119 664% 6.37% 6,84% 6.91%
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