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Business, 01.03.2020 02:13 liyahheadhigh

HH Companies has identified two mutually exclusive projects. Project A has cash flows of −$40,000, $21,200, $16,800, and $14,000 for Years 0 to 3, respectively. Project B has a cost of $38,000 and annual cash inflows of $25,500 for 2 years. At what rate would you be indifferent between these two projects?
A. 6.34%
B. -1.72%
C. 9.41%
D. -4.38%
E. 8.28%

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