You are comparing two mutually exclusive projects that both have a required return of 8 percent. The crossover point is 12.3 percent. You have determined that you should accept project A if the required return is 13.1 percent. This implies you should:

Select one:

a.always accept Project A if the required return exceeds the crossover rate.

b.accept Project B if the required return is less than 13.1 percent.

c.always accept Project A.

d.be indifferent to the projects at any discount rate above 13.1 percent.

e.accept Project B only when the required return is equal to the crossover rate.