Suppose the Canadian Space Agency has two mutually exclusive projects: landing a woman on Mars and landing a man on Venus.Project Mars has an IRR of 12 percent and project Venus has an IRR of 15 percent.The crossover rate is 9 percent.The project's appropriate discount rate is 18 percent.
A) Accept project Mars.
B) Accept project Venus.
C) Accept both projects.
D) Accept neither project.
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