Project A has a cost of $300 and a three year annual cash flow of $100, $200 and $300. Project B has a cost of $400 and a three year annual cash flow of $185, $215 and $315. Given this
Information, calculate the IRR cross-over rate.
A) 6.77%
B) 7.77%
C) 8.77%
D) 9.77%
E) 10.77%
Correct Answer:
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