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8. Given the two cash flows for these mutually exclusive projects, along with a required return of 10% for each project, determine the crossover rate?

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8. Given the two cash flows for these mutually exclusive projects, along with a required return of 10% for each project, determine the crossover rate? (Hint: The parentheses (year 0) mean a negative number) Year Project A Project B 0 (15,500) (15,000) 1 8,850 10,100 9,200 7,800 3 8,700 8,800 A. 9.75% B. 10.83% C. 15.43% D. 18.73% E. 22.17%

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