Question 16 Projects A and B are mutually exclusive and both have an initial cost of $60,000. Project A has annual cash flows for three years of $28,100, $32,500, and $43,200, respectively. Project B has annual cash flows for three years of $27,900, $31,000, and $45,000. What is the crossover rate? Select one: o a. 5.86 percent o b. 1.68 percent O c. 6.16 percent O d. 5.23 percent O e. 9.20 percent