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		$41,000			$41,000
1		21,500			13,740
2		13,500			11,500
3		13,500			25,800

rev: 05_02_2019_QC_CS-167236, 09_25_2019_QC_CS-182411, 09_27_2019_QC_CS-182208

Multiple Choice

• 10.47%; B

• 13.67%; A

• 9.77%; A

• 13.67%; B

• 9.77%; B