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Projects A and B are contingent projects. Project A has an IRR of 14.1% and Project B has an IRR of 12.5%. The crossover rate

Projects A and B are contingent projects. Project A has an IRR of 14.1% and Project B has an IRR of 12.5%. The crossover rate for Projects A and B is 8.5%. The required rate of return for both projects is 14.1%. Which one of the following statements is correct?

A. Accept project a and reject project b

B. Reject both projects.

C. Accept project B and reject project A

D. Acccpet both projects

E. Insufficient information, need to know their NPVs

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