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Matterhorn Mountain Gear is evaluating two projects with the following cash flows:
Year Project X Project Y 0 -$317,800 -$296,250 1 146,900 137,700 2 164,400 154,900 3 129,500 120,650
What interest rate will make the NPV for the projects equal?
18.71%
19.10%
.38%
11.96%
13.45%
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