0 Using the cash flows given in the table below for mutually exclusive projects Alpha and Beta, assist the Chief Financial Officer in finding the breakeven rate (the crossover point or the rate of indifference). Which project do you recommend if using a cost of capital of 9% and Why? YEAR PROJECT ALPHA PROJECT BETA -175 000 -82 500 40 000 30 000 60 000 10 500 85 000 40 000 92 000 75 000 92000 92 000 1 2 3 4 5 Select one: O a. The breakeven point is 11.38% and so Project Alpha should be selected. b. Project Alpha as it has greater NPV and IRR than project Beta. O c. The breakeven rate is the same at the cost of the capital so either projects can be chosen O d. Project Beta as its cost of capital exceeds the 8.41 % breakeven rate