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You are comparing two mutually exclusive projects. Both projects have an initial cost of $49,000 . Project A has cash inflows of $30,000 , $27,000 , and $24,000 over the next 3 years, respectively. Project B has cash inflows of $19,000 , $24,600 and $45,000 over the next 3 years. What is the crossover rate for Projects A and B?

Financial Management, Finance

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