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Project A has a cost of $300 and a three year annual cash flow of $100, $200 and $300. Project B has a cost of

Project A has a cost of $300 and a three year annual cash flow of $100, $200 and $300. Project B has a cost of $400 and a three year annual cash flow of $185, $215 and $315. Given this information, calculate the IRR cross-over rate.

  • 6.77%
  • 7.77%
  • 8.77%
  • 9.77%
  • 10.77%

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