You Are Considering the Following Two Mutually Exclusive Projects A)1328 Percent; B
B)13

Multiple Choice

You are considering the following two mutually exclusive projects.The crossover point is _____ and Project _____ should be accepted if the discount rate is 14 percent. $$\begin{array} { | r | r | r | } \hline \text { Year } & \text { Project A } & \text { Project B } \\\hline 0 & - \$ 43,000 & - \$ 43,000 \\\hline 1 & 18,000 & 29,000 \\\hline 2 & 18,000 & 14,000 \\\hline 3 & 28,000 & 21,000 \\\hline\end{array}$$

A) 13.28 percent; B
B) 13.28 percent; A
C) 0 percent; B
D) 15.96 percent; A
E) 15.96 percent; B