Question: Murray Inc. Is considering two mutually exclusive Projects S and L with the estimated cash flows shown below. What's the crossover rate? table [

Murray Inc. Is considering two mutually exclusive Projects S and L with the estimated cash flows shown below. What's the crossover rate?
\table[[Year,0,1,2,3,4],[CFS,-$2,000,750,600,400,100],[CFL,-$2,150,200,530,750,800]]
a.7.02%
b.3.95%
c.11.83%
d.0.19%
Murray Inc. Is considering two mutually exclusive

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