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XYZ, Inc. is analyzing two projects. Project A requires an initial investment of $2,100 and produces cash inflows of $600, $600, $1,000, and $900 respectively

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XYZ, Inc. is analyzing two projects. Project A requires an initial investment of $2,100 and produces cash inflows of $600, $600, $1,000, and $900 respectively over four years. Project B requires an initial investment of $2,400 and produces cash inflows of $750, $700, $1,000, and $1,100 respectively over four years. What is the crossover point? A 18.36% B 16.02% C 16.29% D 16.16% E 19.22%

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