Suppose the Canadian Space Agency has two independent Martian rover projects: Spirit and Endeavour.Project Spirit has an IRR of 10% and project Endeavour has an IRR of15 %.The crossover rate is 9%.The project's appropriate discount rate is 18%.
A) Accept project Spirit.
B) Accept project Endeavour.
C) Accept both projects.
D) Accept neither project.
Correct Answer:
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