Rivoli Roofing Is Considering Mutually Exclusive Projects a and B,which

Multiple Choice

Rivoli Roofing is considering mutually exclusive Projects A and B,which have the following cash flows:​​​ $\begin{array}{crr}\text { Year } & \begin{array}{c}\text { Froject } A \\\text { Cash Flow }\end{array} &{\begin{array}{c}\text { Project B } \\\text { Cash Flow }\end{array}} \\\hline 0 & -\$ 200 & -\$ 300 \\1 & 20 & 90 \\2 & 30 & 70 \\3 & 40 & 60 \\4 & 50 & 50 \\5 & 60 & 40\end{array}$ At what cost of capital would the two projects have the same NPV?

A) 6.22%
B) 7.11%
C) 8.45%
D) 9.32%