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Considering two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return

Considering two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return is less than the crossover rate.

Year Project A Project B
0 $34,000 $34,000
1 21,500 13,670
2 13,500 11,500
3 13,500 25,100

9.61%; A

19.84%; B

22.27%; A

9.61%; B

22.27%; B

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