Consider four mutually exclusive alternatives, each having an 8 -year useful life: Solution: 1. Rank of alternativesi 2. Pecform the IRR analysis. Yieids the following table FYI: 3. According to the results above, we can construct the choice table between 0% and 100% as: (if no MARA is for a particular ait, use N/A in the blank) Alt. A for MARR between Alt. B for MARR between Alt. C for MARR between Alt. D for MARR between Wo-nothing for MaRR between 4. If MARR =8%, then select atemative