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QUESTION

You are comparing two mutually exclusive projects. the crossover point is 11.46 percent. you determine that you should accept project b if the required return is 9.8 percent. this implies you should:

You are comparing two mutually exclusive projects. the crossover point is 11.46 percent. you determine that you should accept project b if the required return is 9.8 percent. this implies you should: always accept project

b. accept project b anytime the required return is greater than the crossover rate. only accept project a if the required return equals the crossover rate. accept project b anytime the required return is less than the crossover rate. accept project b at a required return of 9.8 percent and accept project a at all other required rates.

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