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

$0$

$$$$39,000$

$$$$39,000$

$1$

$21,500$

$13,720$

$2$

$13,500$

$11,500$

$3$

$13,500$

$25,600$

Multiple Choice

$12\mathrm{.}52\%$; B$$

$12\mathrm{.}93\%$; A$$

$12\mathrm{.}52\%$; A$$

$12\mathrm{.}85\%$; B$$

$12\mathrm{.}93\%$; B