Question: 17. You are comparing two mutually exclusive projects. Both projects have an initial cost of $44,500 . Project A has cash inflows of $25,500 ,

17. You are comparing two mutually exclusive projects. Both projects have an initial cost of $44,500 . Project A has cash inflows of $25,500 , $22,500 , and $19,500 over the next 3 years, respectively. Project B has cash inflows of $14,500 , $18,300 and $40,500 over the next 3 years. What is the crossover rate for Projects A and B?

22.12 percent

21.86 percent

21.10 percent

20.39 percent

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