ID: D 30) Project A and Project B are mutually exclusive projects with equal risk Project A has an internal rate of return of 12 percent, while Project B has an internal rate of return of 15 percent. The two projects have the same net present value when the cost of capital is 7 percent. (In other words, the crossover rate is 7 percent.) Assume each project has an initial cash outflow followed by a series of inflows. Which of the following statements is most correct? A. If the cost of capital is 10 percent, each project will have a positive net present value. B. If the cost of capital is 6 percent, Project B has a higher net present value than Project A. C. If the cost of capital is 13 percent, Project B has a higher net present value than Project A. Statements A) and B) are correct. Statements A) and C) are correct. D. E