The cash flows for two mutually exclusive investment projects A and B are listed below. What is the crossover rate for these two projects?

Project	Year 0	Year 1	Year 2	Year 3
A	$200	$100	$100	$100
B	$320	$180	$130	$130

a)

10.0%

b)

11.2%

c)

11.7%

d)

12.3%

e)

13.1%