You are considering the following two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return is greater than the crossover rate.

Year	Project A	Project B
0	$36,000	$36,000
1	21,500	13,690
2	13,500	11,500
3	13,500	25,300

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Multiple Choice

• 10.78%; B
• 18.25%; A
• 16.84%; B
• 10.78%; A