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 | Project A | Project B |
|---|---|---|
| 0 | $ 23,000 | $ 23,000 |
| 1 | 8,000 | 16,060 |
| 2 | 8,000 | 6,000 |
| 3 | 16,000 | 8,080 |
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