Question: You are comparing two mutually exclusive projects. Both projects have an initial cost of $42,000. Project A has cash inflows of $23,000 $20,000, and $17,000
You are comparing two mutually exclusive projects. Both projects have an initial cost of $42,000. Project A has cash inflows of $23,000 $20,000, and $17,000 over the next 3 years, respectively. Project B has cash inflows of $12,000 , $14,800 and $38,000 over the next 3 years. What is the crossover rate for Projects A and B? Multiple Choice 17.25 percent 18.27 percent 18.01 percent
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