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You are considering the following two mutually exclusive projects. The crossover point is _____ and Project _____ should be accepted if the discount rate for

You are considering the following two mutually exclusive projects. The crossover point is _____ and Project _____ should be accepted if the discount rate for the project exceeds the crossover rate.

Year

Project 1

Project 2

0

-7000

7000

1

2500

1400

2

3800

3400

3

2600

4400

11.02 percent; A

9.93 percent; A

11.02 percent; B

9.54 percent; B

9.93 percent; B

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