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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Handy Enterprises has gathered projected cash flows for two projects.
| Year | Project I | Project J | ||||
| 0 | Ac€?o$264,000     | Ac€?o$264,000     | ||||
| 1 | 113,600 Â Â Â Â | 93,400 Â Â Â Â | ||||
| 2 | 105,800 Â Â Â Â | 100,400 Â Â Â Â | ||||
| 3 | 89,800 Â Â Â Â | 102,400 Â Â Â Â | ||||
| 4 | 78,800 Â Â Â Â | 109,400 Â Â Â Â | ||||
|
At what interest rate would the company be indifferent between the two projects?
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