You are considering the following two mutually exclusive projects. The crossover rate between these two...
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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
$41,000
$41,000
1
21,500
13,740
2
13,500
11,500
3
13,500
25,800
Multiple Choice
13.67%; A
9.77%; A
9.77%; B
10.47%; B
13.67%; B
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