I need complete solution for these problems:

Crossover rate Answer: b Diff: M 95. Turner Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows: Project A Project E Year Cash Flow Cash Flew 0 $100,000 -5190,000 1 30,000 30,000 2 35,000 35,000 3 40,000 100,000 4 40,000 100,000 The two projects are equally risky. At what weighted average cost of capital would the two projects have the same net present value (NPV}? a. 3.93% b. 8.59% C. 13.34% d. 16.3?% e. 17.6?% IRR Answer: :2 Diff: E 50. The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 years and produce aftertax cash flows, including depreciation, of $44,503 per year. If the firm's cost of capital is 14 percent and its tax rate is 40 percent, what is the project's IRE? a. 8% b. 14% c. 18% d. 5% e. 12%