Question
You are comparing two mutually exclusive projects. Crossover point is 11.46 percent. You determine that you should accept project B if the required return is
You are comparing two mutually exclusive projects. Crossover point is 11.46 percent. You determine that you should accept project B if the required return is 9.8 percent. This implies you should __________
Group of answer choices:
only accept project A if the required return equals the crossover rate.
accept project B at a required return of 9.8 percent and accept project A at all other required rates.
accept project B anytime the required return is greater than the crossover rate.
always accept project B.
accept project B anytime the required return is less than the crossover rate.
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