Question: Given the following: Project A: CF 0 = -$22,600; CF 1 = $5,500; CF 2 = $8,000; CF 3 = $14,600 Project B: CF 0

Given the following: Project A: CF0 = -$22,600; CF1 = $5,500; CF2 = $8,000; CF3 = $14,600 Project B: CF0 = -$20,100; CF1 = $3,900; CF2 = $7,150; CF3 = $14,200 What is the crossover rate (r)? (Round answer to 4 decimal places, e.g. 25.2513%.)

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