Question: Please add the explanation. 6.You are evaluating two mutually exclusive projects, A and B. Project A costs $350 and has cash flows of $250 in

Please add the explanation.

6.You are evaluating two mutually exclusive projects, A and B. Project A costs $350 and has cash flows of $250 in each of the next 2 years. Project B costs $300 and generates cash flows of $300 and $100 for the next 2 years, respectively. What is the crossover rate for these projects?

A) 26.38%

B) 27.47%

C) 30.28%

D) 61.80%

E) 83.48%

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