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		$26,000			$26,000
1		9,500			17,590
2		9,500			7,500
3		17,500			9,610

rev: 05_02_2019_QC_CS-167236, 05_09_2019_QC_CS-168369, 09_24_2019_QC_CS-182411

Multiple Choice

• 18.39%; A

• 11.89%; B

• 16.97%; B

• 11.89%; A

• 16.97%; A