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O -7BK O 36900 28300 13) Projects A and B are mutually exclusive and have an initial cost of $78,000 each. Project A has annual

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O -7BK O 36900 28300 13) Projects A and B are mutually exclusive and have an initial cost of $78,000 each. Project A has annual cash flows for Years 1 to 3 of $28,300, $31,500, and $22,300, respectively. Project B has annual cash flows for Year 1 of $36,900 and $40,500 for Year 2. What is the crossover rate? B Crossover -78K 65200 A) 17.17% 7200 B) 16.33% 22300 C) 17.32% D) 16.99% E) 15.20% 4 osoo 2 31800 0 3 22300

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