Question: 8. Given the two cash flows for these mutually exclusive projects, along with a required return of 10% for each project, determine the crossover rate?

 8. Given the two cash flows for these mutually exclusive projects,

8. Given the two cash flows for these mutually exclusive projects, along with a required return of 10% for each project, determine the crossover rate? (Hint: The parentheses (year 0) mean a negative number) Year Project A Project B 0 (15,500) (15,000) 1 8,850 10,100 9,200 7,800 3 8,700 8,800 A. 9.75% B. 10.83% C. 15.43% D. 18.73% E. 22.17%

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