Question: Kendra's Lumber has identified the following two mutually exclusive projects: Year 1 2 3 4 Cash Flow (A) -$ 40,000 11,300 14,800 13,700 7,900 Cash

 Kendra's Lumber has identified the following two mutually exclusive projects: Year

Kendra's Lumber has identified the following two mutually exclusive projects: Year 1 2 3 4 Cash Flow (A) -$ 40,000 11,300 14,800 13,700 7,900 Cash Flow (B) -$ 40,000 17,400 14,100 12,900 2,200 Over what range of discount rates would you choose Project A? 7.13 percent or less 7.13 percent or more 6.38 percent or more 6.38 percent or less 6.57 percent or more

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