You are considering the following two mutually exclusive projects. The crossover rate between these two...
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Accounting
You are considering the following two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return is greater than the crossover rate.
Year Project A Project B
0 $-23,000 $23,000
1 8,000 16,060
2 8000 6000
3 16000 8080
A. 12.31% B
B. 16.22% B
C. 17.48% A
D. 16.22 A
E. 12.31% A
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