Question: You are comparing two mutually exclusive projects. Both projects have an initial cost of $48,500. Project A has cash inflows of $29,500,$26,500, and $23,500 over

 You are comparing two mutually exclusive projects. Both projects have an
initial cost of $48,500. Project A has cash inflows of $29,500,$26,500, and

You are comparing two mutually exclusive projects. Both projects have an initial cost of $48,500. Project A has cash inflows of $29,500,$26,500, and $23,500 over the next 3 years, respectively. Project B has cash inflows of $18,500,$23,900 and $44,500 over the next 3 years. What is the crossover rate for Projects A and B ? Multiple Choice 27.57 percent 28.59 percent 27.57 percent 28.59 percent 28.33 percent 26.86 percent

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