Suppose the Canadian Space Agency has two independent Martian rover projects: Spirit and Endeavour.Project Spirit has an IRR of 13 percent and project Endeavour has an IRR of 15 percent.The crossover rate is 10 percent.The project's appropriate discount rate is 12 percent.
A) Accept project Spirit.
B) Accept project Endeavour.
C) Accept both projects.
D) Accept neither project.
Correct Answer:
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