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You are considering the following two mutually exclusive projects. The crossover point is _____ and project _____ should be accepted at a 14 percent discount

You are considering the following two mutually exclusive projects. The crossover point is _____ and project _____ should be accepted at a 14 percent discount rate. Over what range of discount rates would you choose Project B?

Year Project A Project B

0 -$32,500 -$32,000

1 13,000 19,000

2 13,000 12,000

3 19,000 12,000

*Please write out the answer

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