Question: Handy Enterprises has gathered projected cash flows for two projects. Year Project I Project J 0 -$215,000 -$215,000 1 104,000 75,000 2 93,000 86,000 3
Handy Enterprises has gathered projected cash flows for two projects.
Year Project I Project J
0 -$215,000 -$215,000
1 104,000 75,000
2 93,000 86,000
3 79,000 96,000
4 72,000 105,000
At what interest rate would the company be indifferent between the two projects?
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