Question: You are considering the following two mutually exclusive projects. The crossover rate between these two projects is ________ percent and Project ________ should be accepted
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 | -$31,000 | -$31,000 | ||||
| 1 | 12,000 | 20,140 | ||||
| 2 | 12,000 | 10,000 | ||||
| 3 | 20,000 | 12,160 | ||||
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