Question: Question 40 2.5 pts Projects A and B are mutually exclusive and have an initial cost of $78,000 each. Project A has annual cash flows

Question 40 2.5 pts Projects A and B are mutually exclusive and have an initial cost of $78,000 each. Project A has annual cash flows for Years 1 to 3 of $28,300, $31,500, and $22,300, respectively. Project B has annual cash flows of $36,900, $40,500, and $2,300, respectively. What is the crossover rate, at which the two projects have the same NPV? 14.50% 17.30% 11.70% 8.90%
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