Question: You are considering the following two mutually exclusive projects. Project A has the initial investment of 1 0 0 , 0 0 0 and the

You are considering the following two mutually exclusive projects. Project A has the initial investment of 100,000 and the cash flows of 60,000,90,000, and 20,000 for the next three years, respectively. Project B has the initial investment of 200,000, and the cash flows of 100,000,110,000, and 120,000 for the next three years, respectively. The crossover point for these two projects is _____ percent.
36.60
28.84
22.71
17.41

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