Question: You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $548,400 $517,500 1 218,400 208,100 2 228,300 217,900 3
You are evaluating two projects with the following cash flows:
| Year | Project X | Project Y | |||
| 0 | $548,400 | $517,500 | |||
| 1 | 218,400 | 208,100 | |||
| 2 | 228,300 | 217,900 | |||
| 3 | 235,500 | 225,800 | |||
| 4 | 195,200 | 186,600 | |||
What is the crossover rate for these two projects?
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