Hungry Hoagie's has identified the following two mutually exclusive projects:

A firm evaluates all of its projects by using the NPV decision rule. At a required return of 14 percent, the NPV for the following project is _____ and the firm should _____ the project.        A.  $5,684.22; reject B.  $7,264.95; accept C.  $7,264.95; reject D.  $9,616.93; accept E.  $9,616.93; reject

105.	A project that provides annual cash flows of $12,600 for 12 years costs $65,000 today. At what rate would you be indifferent between accepting the project and rejecting it?    A.  15.28 percent B.  15.40 percent C.  15.51 percent D.  16.18 percent E.  16.74 percent

106.

Hungry Hoagie's has identified the following two mutually exclusive projects:     At what rate would you be indifferent between these two projects?    A.  17.34 percent B.  17.72 percent C.  19.41 percent D.  19.69 percent E.  20.28 percent The crossover rate is the IRR of the differences between two sets of cash flows.

107.	Consider the following two mutually exclusive projects:     What is the crossover rate for these two projects?    A.  8.22 percent B.  8.48 percent C.  8.71 percent D.  8.75 percent E.  8.94 percent The crossover rate is the IRR of the differences between two sets of cash flows.