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The Camel Company is considering two mutually exclusive projects with the following cash flows. Project A cash flow: Year 0 $-75; Year 1 $30; Year

The Camel Company is considering two mutually exclusive projects with the following cash flows. Project A cash flow: Year 0 $-75; Year 1 $30; Year 2 $35; Year 3 $35. Project B cash flow: Year 0 $-60; Year 1 $25; Year 2 $30; Year 3 $25; What is the crossover rate (incremental IRR)?

13.94%

14.47%

15.44%

15.86%

None of the above

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