Question: You are evaluating two projects with the following cash flows: Year Project X Project Y 0 - $ 5 4 7 , 8 0 0

You are evaluating two projects with the following cash flows:
Year Project X Project Y
0-$547,800-$517,000
1 $218,500 $208,200
2 $228,400 $218,000
3 $235,600 $225,900
4 $195,300 $186,700
What is the crossover rate for these two projects?

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