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Consider the two projects in the following table: Expected Net Cash Flow Year 0 1 Project A -$22,000 $15,000 $15,000 $15,000 Project B -$20,800 $14,100

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Consider the two projects in the following table: Expected Net Cash Flow Year 0 1 Project A -$22,000 $15,000 $15,000 $15,000 Project B -$20,800 $14,100 $14,100 $14,100 2 3 What is the crossover point for the two projects? 14.95% 13.70% 13.25% 14.65%

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