Given the cash flow of two projects, A and B: Project A Project B Cash Flow Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 -$14,000 $7,000 $7,000 $7,000 $7,000 $7,000 $7,000 -$95,000 $19,000 $9,500 $38,000 $28,000 $20,000 $10,000 The firm's required rate of return is 10%. The firm's required payback and discounted payback period is 3 years. 4. If these projects are independent, which project(s) should the firm take? A. Both A and B since the firm doesn't have to choose between the two projects. B. Project A since it has a shorter payback period. C. Project B since its NPV is positive and its IRR is greater than the required rate of return. D. Project A since its NPV is positive and its IRR is greater than the required rate of return. 5. What is the crossover rate between project A and project B? A. 36.02% B. 8.50% C. 0.55% D. 10%