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Projects A and B are mutually exclusive and have an initial cost of $102,000 and $82,000 respectively. Project A has annual cash flows for three years of $42,000, $48,000, and $55,000, respectively. Project B has annual cash flows for three years of $36,000, $38,000, and $47,000. What is the crossover rate?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92770956

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