Question: Question 4 (1 point) Saved Projects A and B are mutually exclusive and both have an initial cost of $78,000 Project A has annual cash

 Question 4 (1 point) Saved Projects A and B are mutually

Question 4 (1 point) Saved Projects A and B are mutually exclusive and both have an initial cost of $78,000 Project A has annual cash flows for three years of $28,300, $31.500, and $42,300. respectively. Project B has annual cash flows for three years of $27,100 $30,500, and $44.900. What is the crossover rate? Pc 8.10 percent 0 11.31 percent 1 3.33 percent 2 5.16 percent IRR 15.20 percent NPV

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