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Given the following: Project A: CF 0 = -$23,400; CF 1 = $6,500; CF 2 = $9,000; CF 3 = $15,600 Project B: CF 0

Given the following: Project A: CF0 = -$23,400; CF1 = $6,500; CF2 = $9,000; CF3 = $15,600 Project B: CF0 = -$19,900; CF1 = $4,100; CF2 = $7,950; CF3 = $15,000 What is the crossover rate (r)? (Round answer to 4 decimal places, e.g. 25.2513%.)

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