Question: You are comparing two mutually exclusive projects. Both projects have an initial cost of $41,500. Project A has cash inflows of $22,500,$19,500, and $16,500 over

You are comparing two mutually exclusive projects. Both projects have an initial cost of $41,500. Project A has cash inflows of $22,500,$19,500, and $16,500 over the next 3 years, respectively. Project B has cash inflows of $11,500,$14,100 and $37,500 over the next 3 years. What is the crossover rate for Projects A and B ? Multiple Choice 17.52 percent 15.79 percent 17.26 percent 16.50 percent
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