Woodson Inc.has two possible projects, Project A and Project B, with the following cash flows: $\begin{array}{rrr}
\underline{\text { Year }} & \underline{\text { Project A }} & \underline{\text { Project B }} \
0 & -150,000 & -100,000 \
2 & 100,000 & 45,000 \
3 & 105,000 & 65,000 \
3 & 40,000 & 80,000
\end{array}$. At what required rate of return do the two projects have the same net present value (NPV)? (In other words, what is the "crossover rate" of the projects' NPV profiles?)
A)10.3%
B)13.5%
C)15.8%
D)21.7%
E)34.8%

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The Answer of Woodson Inc.has two possible projects, Project A and Project B, with the following cash flows: $\begin{array}{rrr}
\underline{\text { Year }} & \underline{\text { Project A }} & \underline{\text { Project B }} \
0 & -150,000 & -100,000 \
2 & 100,000 & 45,000 \
3 & 105,000 & 65,000 \
3 & 40,000 & 80,000
\end{array}$. At what required rate of return do the two projects have the same net present value (NPV)? (In other words, what is the "crossover rate" of the projects' NPV profiles?)
A)10.3%
B)13.5%
C)15.8%
D)21.7%
E)34.8%

Woodson Inc at What Required Rate of Return Do the Two