Question: Flint Fruits is considering two equally risky, mutually exclusive projects, Projects A and B, that have the following cash flows: Year Project A Project B

Flint Fruits is considering two equally risky, mutually exclusive projects, Projects A and B, that have the following cash flows:

Year Project A Project B

0 - $100,000 -$100,000

1. 50,000 30,000

2. 25,000 15,000

3. 70,000. 80,000

4 45,000 72,000

At which interest rate, are the NPVs of both projects same?

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