Project A has an upfront cost of $300 and, starting one year today, pays an annual cash flow of $36 forever (i.e., it is a perpetuity). Project B has an upfront cost of $440 and, starting one year today, pays an annual cash flow of $43 forever (i.e., it is a perpetuity). What is the crossover rate for these two projects?

a.

0.060

b.

0.048

c.

0.050

d.

0.058

e.

0.040

f.

0.065

g.

0.055

h.

0.045