Question: 26. You are considering two possible modifications to an existing process. The criterion for profitability is a 17% rate of return over eight years. The

26. You are considering two possible

26. You are considering two possible modifications to an existing process. The criterion for profitability is a 17% rate of return over eight years. The data are as follows (all values in millions of dollars): Alternative 1 Alternative 2 1.0 Project cost Yearly savings 1.5 0.31 0.18 a. What is recommended based on a nondiscounted ROROIl evaluation? b. What is recommended based on an INPV evaluation? c. Based on your results from parts aand b, what is your recommendation

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