Question: You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $541,200 $511,500 1 219,600 209,300 2 229,500 219,100 3

You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $541,200 $511,500 1 219,600 209,300 2 229,500 219,100 3 236,700 227,000 4 196,400 187,800 What is the crossover rate for these two projects? Multiple Choice .60% 13.48% 12.26% 23.81% 23.21%

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