Consider the following two mutually exclusive projects:

When (at what levels of the cost of capital) would choose project B?

Cash Flows ($)
Project	C0	C1	C2	C3
A	-90	+60	+50	0
B	-100	0	0	+140

Multiple Choice

• When the cost of capital is more than 9.58% and less than 14.98%

• When the cost of capital is more than 0% and less than 9.58%

• When the cost of capital is less than 9.58% and more than 14.98%

• When the cost of capital is less than 9.58% and mroe than 11.87%