Consider the Iwo mutually exclusive investment alternatives given in Table P7.41. (a) Which project would be selected

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Consider the Iwo mutually exclusive investment alternatives given in Table P7.41.

(a) Which project would be selected based on the rate of return decision criterion? (Assume that MARR = 10%.)

(b) Determine the MIRR on the incremental investment. Which project would be chosen at MARR = 10%?

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