4) Project A has an initial cost of KD and annual cash flows of KD for three years. Project B costs KD and has cash flows of KD and KD for Years 1 to 3, respectively. Projects A and B are mutually exclusive. The incremental IRR is and if the required rate is higher than the crossover rate. Which project should be accepted and why? JKD 4) Project A has an initial cost of KD and annual cash flows of KD for three years. Project B costs KD and has cash flows of KD and KD for Years 1 to 3, respectively. Projects A and B are mutually exclusive. The incremental IRR is and if the required rate is higher than the crossover rate. Which project should be accepted and why? JKD