Suppose the Canadian Space Agency has two independent Martian rover projects: Spirit and Endeavour.Project Spirit has an IRR of 13% and project Endeavour has an IRR of 15%.The crossover rate is 10%.The project's appropriate discount rate is 12%.

Question

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Since the appropriate discount rate is 12% and the crossover rate is 10%, project Endeavour's IRR of 15% is higher than both figures, indicating that the project's returns exceed the cost of capital. On the other hand, project Spirit's IRR of 13% falls below both rates, indicating a subpar ROI. As a result, accepting only project Endeavour is the best option.

Suppose the Canadian Space Agency Has Two Independent Martian Rover