Project A and Project B are mutually exclusive. Project A has an IRR of 10 percent. Project B has an IRR of 12 percent. The crossover rate is 7%. Both projects have standard cashflow, (i.e. investment at time zero followed by a series of cash inflows). If the firms marginal cost of capital is 6 percent, then:

		Project B should be accepted and Project A rejected.
		Both projects should be accepted.
		Both projects should be rejected.
		Project A should be accepted and Project B rejected.

How many monthly payments remain to be paid on an 8% compounded monthly mortgage with a 30-year amortization and monthly payments of $733.76, when the balance reaches one-half of the $100,000 mortgage?

		approximately 180 payments
		approximately 268 payments
		approximately 91 payments
		approximately 68 payments