You are considering the following two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return is less than the crossover rate.

Year	Project A	Project B
0	$20,000	$22,500
1	10,000	11,000
2	10,000	11,000
3	10,000	11,000

Answers:	a. 9.7%, Project B
	b. 9.7%, Project A
	c. 11.2%, Project A
	d. 11.2%, Project B