Question: You are evaluating two projects with the following cash flows: Year Project X Project Y 0 -556,200 -521,800 1 228,600 204,500 2 232,300 222,100 3
You are evaluating two projects with the following cash flows:
| Year | Project X | Project Y |
|---|---|---|
| 0 | -556,200 | -521,800 |
| 1 | 228,600 | 204,500 |
| 2 | 232,300 | 222,100 |
| 3 | 233,200 | 224,050 |
| 4 | 201,000 | 185,700 |
What is the crossover rate for these two projects?
Crossover rate = %
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