Question: 3. You are considering the following two mutually exclusive projects. The crossover point (the discount rate at which the two projects have the same NPV)

3. You are considering the following two mutually exclusive projects. The crossover point (the discount rate at which the two projects have the same NPV) is_ percent. (Note: Trial and error may be the fastest and easiest way to find the correct answer) Year Project A Project B O -$32,000 -$32,000 18,000 12,000 13,000 13,000 9,000 16,000 7.7.86% b.7.92% c. 8.01% d. 8.12% e. 8.35%
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