Crenshaw Enterprises has gathered projected cash flows for two projects. Year Project -$257,000 Project $257,000 WN 114,300 104,400 88,400 77,400 8 9,200 99,700 101.700 108,700 a. At what interest rate would the company be indifferent between the two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. Which project is better if the required return is above this interest rate? Interest rate