Question: Consider the following two mutually exclusive investment projects that require the same amount 2. of investment. Year Ci C2 -$9,000 -$9,000 5,800 3,250 2,000 1,561

 Consider the following two mutually exclusive investment projects that require the

Consider the following two mutually exclusive investment projects that require the same amount 2. of investment. Year Ci C2 -$9,000 -$9,000 5,800 3,250 2,000 1,561 ] 480 2 3,700 6,550 3 4 3780 18% IRR 20% Which project would you select on the basis of the rate of return on incremental investment, assuming that MARR 12 %. Note that both projects are profitable at 12% =

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