1. You are comparing two mutually exclusive projects. Both projects have an initial cost of $47,500 . Project A has cash inflows of $28,500 , $25,500 , and $22,500 over the next 3 years, respectively. Project B has cash inflows of $17,500 , $22,500 and $43,500 over the next 3 years. What is the crossover rate for Projects A and B? 26.93 percent 25.20 percent 25.91 percent 26.67 percent
2. Can you summarize in your own words an article that addresses whether you should use high or low deductibles when buying insurance? How do deductibles affect the premium, and why?