You are considering the following three projects. A & B are mutually exclusive while C is independent. Following are their expected cash flows year project A Project B 0 -60,000.00 -40,000.00 40,000.00 Project C -20,000.00 35,000.00 1 0 2 82,000.00 40,000.00 30,000.00 3 60,000.00 20,000.00 20,000.00 10,000.00 2,000.00 -40,000.00 4 Assuming no capitol rationing a required rate of return (cost of capital) of 12% for all three projects. 5) If A&B profiles cross, calculate the exact crossover rate between project A & B. 6) Which of the three projects, if any, should be accepted and why? (Remember A & B are mutually exclusive while C is independent. Show transcribed image text