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Handy Enterprises has gathered projected cash flows for two projects. Year Project I Project J 0 –$215,000 –$215,000 1 104,000...Asked by Alec
Handy Enterprises has gathered projected cash flows for two projects.
Year Project I Project J
0 –$215,000 –$215,000
1 104,000 75,000
2 93,000 86,000
3 79,000 96,000
4 72,000 105,000
Requirement 1:
At what interest rate would the company be indifferent between the two projects? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Year Project I Project J
0 –$215,000 –$215,000
1 104,000 75,000
2 93,000 86,000
3 79,000 96,000
4 72,000 105,000
Requirement 1:
At what interest rate would the company be indifferent between the two projects? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Answers
Answered by
lee
24.34
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