Project A -$1,326 You need to decide between the following two projects: Page 7 Year 0...
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Project A -$1,326 You need to decide between the following two projects: Page 7 Year 0 Project B -$10 1 lo +360 lo+468 2 1,084 1,231 3 1,223 1,273 The expected rate of return for either of the two projects is 14 percent. What is the initial investment lo for which Project B is as financially attractive as Project A? Round your answer to 2 decimal places. Project A -$1,326 You need to decide between the following two projects: Page 7 Year 0 Project B -$10 1 lo +360 lo+468 2 1,084 1,231 3 1,223 1,273 The expected rate of return for either of the two projects is 14 percent. What is the initial investment lo for which Project B is as financially attractive as Project A? Round your answer to 2 decimal places.
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