Question: You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $546,000 $515,500 1 218,800 208,500 2 228,700 218,300 3

You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $546,000 $515,500 1 218,800 208,500 2 228,700 218,300 3 235,900 226,200 4 195,600 187,000 What is the crossover rate for these two projects?

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