Question: Here are the cash flows for two mutually exclusive projects: Project C0 C1 C2 C3 A $ 22,400 +$ 8,900 +$ 8,900 +$ 8,900 B

Here are the cash flows for two mutually exclusive projects:

Project C0 C1 C2 C3
A $ 22,400 +$ 8,900 +$ 8,900 +$ 8,900
B 22,400 0 0 +28,200

At what interest rates would you prefer project A to B?

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