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		$39,000			$39,000
1		21,500			13,720
2		13,500			11,500
3		13,500			25,600

Multiple Choice

A. 12.85%; B

B. 12.52%; A

C. 12.52%; B

D. 12.93%; A

E. 12.93%; A