Question: Steve Ballmer is considering two projects with cash flows as follows: Year Project A Project B 0 -$20,000 $20,000 1 4,000 4,400 2 4,000 5,000

 Steve Ballmer is considering two projects with cash flows as follows:

Steve Ballmer is considering two projects with cash flows as follows: Year Project A Project B 0 -$20,000 $20,000 1 4,000 4,400 2 4,000 5,000 3 6,000 6,500 4 5,000 6,000 5 4.800 1,000 What is the cross-over rate? O A) 8.70 percent B) 7.17 percent C) 14.49 percent

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