Question: please show each step, and give a correct answer, use excel if needed. Consider the two mutually exclusive investment projects given in the table below


please show each step, and give a correct answer, use excel if needed.
Consider the two mutually exclusive investment projects given in the table below 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? Click the icon to view the cash flows for the investment projects. The rate of return on the incremental investment is %. (Round to one decimal place.) n 0 1 2 3 IRR Net Cash Flow Project A Project B - $5,000 - $10,000 3,000 8,000 4,000 8,000 4,000 49.39% 37.98%
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