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 greater than the crossover rate.

Year 0 1 2 3

Project A $38,000 21,500 13,500 13,500

Project B $38,000 13,710 11,500 25,500

Group of answer choices

14.62%; A

14.62%; B

11.94%; B

11.94%; A

14.12%; B

I know the crossover rate is 11.94,my main question is asking how to pick a project once I know this. Should I pick A or B

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