Question: 7.42 Consider the two mutually exclusive investment projects given in Table P7.42 for which MARR = 15%. On the basis of the IRR criterion, which

 7.42 Consider the two mutually exclusive investment projects given in Table

7.42 Consider the two mutually exclusive investment projects given in Table P7.42 for which MARR = 15%. On the basis of the IRR criterion, which project would be selected under an infinite planning horizon with project repeatability likely? Assume a financing rate of 10%. TABLE P7.42 n 0 Net Cash Flow Project A Project B -$5,000 ---$10,000 $3,000 $8,000 $4,000 $8,000 $4,000 1 2 3 IRR 49.49% 39.97%

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