Valentine, Inc., has identified the following two mutually exclusive projects:

(pick Project A or B, cant be both)

Provided Table below
Year	Cash Flow (A)	Cash Flow (B)		BAII Plus Input		Additional Step1: Calculate Difference of CFs (A - B) Incremental CFs	Additional Step 2: Calculate Crossover rate (which is IRR% of Incremental CFs from Step1)
0	-$50,000.00	-$50,000.00		CF0				= crossover point
1	$31,000.00	$40,000.00		CF1
2	$25,000.00	$21,000.00		CF2
3	$27,000.00	$19,000.00		CF3

Question 1: Over what range of discount rates would the company choose project A? Project B? At what discount rate (crossover point/rate) would the company be indifferent between these two projects? Explain. (Show below IRR for project A, IRR for project B, Crossover rate/point% of A&B, and Explanation/answer of the range of discount rates.)

		IRR results calc/input$ below
	IRR(A) =
	IRR(B) =
	Crossover rate A&B =