Multiple Choice
Project X has a cost of $750 and a three year annual cash flow of $350 per year. Project Y has a cost of $500 and a three year annual cash flow of $300, $225 and $200. Given this information,
Calculate the IRR cross-over rate.
A) 12.21%
B) 13.21%
C) 14.21%
D) 15.21%
E) 16.21%
Correct Answer:
Verified
Correct Answer:
Verified
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