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You are considering the following two mutually exclusive projects. The crossover rate between these two projects is _ _ _ percent and Project _ _

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$28,000$28,000
110,50018,610
210,5008,500
318,50010,630
Multiple Choice
11.61%; A
11.61%; B
18.87%; A
17.39%; A

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