Question: You are evaluating two mutually exclusive projects, X and Y . Project X costs $ 3 5 0 and has cash flows of $ 2

You are evaluating two mutually exclusive projects, X and Y. Project X costs $350 and has cash flows of $250 in each of the next two years. Project Y costs $300 and generates cash flows of $300 and $100 for the next two years, respectively. What is the crossover rate for these projects?
Select one:
a.
26.38%
b.
27.47%
c.
30.28%
d.
61.80%
e.
83.48%

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