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

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 less than the crossover rate.

Year Project A Project B
0 $37,000 $37,000
1 21,500 13,700
2 13,500 11,500
3 13,500 25,400

16.39%; A

16.39%; A

11.36%; A

15.45%; B

11.36%; B

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