13. Swenson's is considering two mutually exclusive projects, Projects A and B, and has determined that the crossover rate for these projects is 11.7 percent. Given this you know that a) Both projects have a negative NPV at discounts rates greater than 11.7 percent. b) Neither project will be accepted if the discount rate is less than 11.7 percent. c) Both projects provide an internal rate of return of 11.7 percent. d) The project that is preferred at a discount rate of 11 percent will be the opposite project of that preferred at a discount rate of 12 percent. Both projects have a zero NPV at a discount rate of 11.7 percent. e) 14. Young Manufacturing is considering two mutually exclusive projects. The expected cash flows are as follows Year Project W Project Z 0 -$80,000-75,000 30,000 38,000 25,000 20,000 25,000 28,000 35,000 40,000 3 4 go i What is the crossover rate for these two projects? a) 19.89% b) 17.95% c) 18.02% d) 20.38% e) 16.24% 50 0oi