Question: You are evaluating two mutually exclusive projects, A and B. Project A costs $600 and has cash flows of $400 in each of the next
You are evaluating two mutually exclusive projects, A and B. Project A costs $600 and has cash flows of $400 in each of the next two years. Project B also costs $600 and generates cash flows of $500 and $275 for the next two years respectively. What is the crossover rate?
Group of answer choices
10%
15%
25%
40%
80%
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