Expected Net Cash FlowsYearProject AProject B$0-$$$430-$$$6801-5282102-2192103-15021041,100210582021069902107-325210$

What is each project's MIRR at a cost of capital of $11\%?($Hint: Consider Period $7$ as the end of Project B$\text{'}$s life.$)$ Do not round intermediate calculations. Round your answers to two decimal places.

Project A:$\%$

Project B:$\%$

What is each project's MIRR at a cost of capital of $16\%?($Hint: Consider Period $7$ as the end of Project B$\text{'}$s life.$)$ Do not round intermediate calculations. Round your answers to two decimal places.

Project A:$\%$

Project B:$\%$

What is the crossover rate? Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

What is its significance?

I. The crossover rate has no significance in capital budgeting analysis.

II$.$ If the cost of capital is greater than the crossover rate, both the NPV and IRR methods will lead to the same project selection.

III. If the cost of capital is less than the crossover rate, both the NPV and IRR methods lead to the same project selections.

$-$Select$-$IIIIII