Answered

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you are evaluating two projects with the following cash flows: year project x project y 0 −$ 539,400 −$ 510,000 1 219,900 209,600 2 229,800 219,400 3 237,000 227,300 4 196,700 188,100 what is the crossover rate for these two projects? multiple choice .59% 12.76% 23.47% 24.05% 14.03%

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