bigredhockey55

I don’t have the books, but don’t you just subtract the nominal values for each period of one project from the other to find the net pmt’s at each time period, then IRR it?  You know, just apply the following to the discount principles, making sure the timing lines up:
NPVa = NPVb
0 = NPVa - NPVb
0 = NPV (a - b)
Like I said I don’t have the books, but that’s all I remember about crossover rates..