Question: You are evaluating two projects with the following cash flows: Year Project X Project Y 0 $551,400 $520,000 1 217,900 207,600 2 227,800 217,400 3
You are evaluating two projects with the following cash flows:
| Year | Project X | Project Y | |||
| 0 | $551,400 | $520,000 | |||
| 1 | 217,900 | 207,600 | |||
| 2 | 227,800 | 217,400 | |||
| 3 | 235,000 | 225,300 | |||
| 4 | 194,700 | 186,100 | |||
What is the crossover rate for these two projects?
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