Consider the following two mutually exclusive projects: year cash flow A cash flow B 0 -$10,110 -$10,110 1 5,373 4,443 2 3,373 3,543 3 4,473 5,343 What is the crossover rate for these two projects? 29...

Consider the following two mutually exclusive projects:

year


cash flow A


  cash flow B

0            -$10,110                -$10,110

1            5,373                       4,443

2            3,373                       3,543

3            4,473                      5,343

What is the crossover rate for these two projects?

1. 29 percent


2. 48 percent


3. 71 percent


4. 75 percent


5. 94 percent