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You are evaluating 2 mutually exclusive projects. The discount rate that makes you indifferent between the 2 projects ( the crossover point ) is _

You are evaluating 2 mutually exclusive projects. The discount rate that makes you indifferent between the 2 projects (the crossover point) is __________% and Project __________ should be accepted at a 12% required rate return.
Year Project A Project B
0-$67,000-$67,000
1 $18,000 $37,000
2 $33,000 $28,000
3 $37,000 $18,000
Group of answer choices
11.38% Project A
11.07% Project B
11.38% Project B
11.07% Project A
14.02% Project A
14.02% Project B

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