Question: Question 1 You are comparing two mutually exclusive projects. Both projects have an initial cost of $41,000 . Project A has cash inflows of $22,000
Question 1
You are comparing two mutually exclusive projects. Both projects have an initial cost of $41,000 . Project A has cash inflows of $22,000 , $19,000 , and $16,000 over the next 3 years, respectively. Project B has cash inflows of $11,000 , $13,400 and $37,000 over the next 3 years. What is the crossover rate for Projects A and B
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