Question: You are comparing two mutually exclusive projects. Both projects have an initial cost of $48,000 . Project A has cash inflows of $29,000 , $26,000

You are comparing two mutually exclusive projects. Both projects have an initial cost of $48,000 . Project A has cash inflows of $29,000 , $26,000 , and $23,000 over the next 3 years, respectively. Project B has cash inflows of $18,000 , $23,200 and $44,000 over the next 3 years. What is the crossover rate for Projects A and B?

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