Question: Consider two mutually exclusive investment projects, each with MARR = 8% as shown in figure A.On the basis of the IRR criterion, which alternative would

Consider two mutually exclusive investment projects, each with MARR = 8% as shown in figure A.On the basis of the IRR criterion, which alternative would be selected? B. Determine the discounted payback period for each project.

Project's Cash Flow
n A B
0 -$20,000 -$25,000
1 $6,000 $10,000
2 $2,000 $3,000
3 $11,000 $8,000
4 $4,000 $2,000
5 $5,000
6 $11,000
7 $2,000

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