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 greater than the crossover rate.

Year	Project A	Project B
0	$ 41,000	$ 41,000
1	21,500	13,740
2	13,500	11,500
3	13,500	25,800

Multiple Choice

• 9.77; A

• 13.67; A

• 9.77; B

• 13.67; B

• 10.47; B