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Project A has a cost of $9,600.00 and is expected to produce benefits (cash inflows) of $2,340.00 per year for 7 years. Project B costs

Project A has a cost of $9,600.00 and is expected to produce benefits (cash inflows) of $2,340.00 per year for 7 years. Project B costs $4,100.00 and is expected to produce cash flows of $1,440.00 per year for 7 years. What is the crossover rate for these projects?

8.58%

29.31%

18.31%

14.17%

10.43%

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