The Winston Co A)1394%; a
B)13

The Winston Co.is considering two mutually exclusive projects with the following cash flows.The incremental IRR is _____ and if the required rate is higher than the crossover rate then project _____ should be accepted. $\begin{array}{cll}\underline{\text { Year }} & \begin{array}{l}\text { Project A } \\\underline{\text { Cash Flow }}\end{array} & \begin{array}{l}\text { Project B } \\\underline{\text { Cash Flow }}\end{array} \\ 0 &-\$75,000 &-\$60,000\\1 & \$30,000 & \$ 25,000 \\2 & \$ 35,000 & \$ 30,000 \\3 & \$35,000 & \$ 25,000\end{array}$

A) 13.94%; A
B) 13.94%; B
C) 15.44%; A
D) 15.44%; B
E) 15.86%; A