Question: Problem 6-2 & 6-27 (35pts). A company is analyzing three project proposals. All the projects are mutually exclusive and the budget limit is $10,000,000. Each

 Problem 6-2 & 6-27 (35pts). A company is analyzing three project

Problem 6-2 & 6-27 (35pts). A company is analyzing three project proposals. All the projects are mutually exclusive and the budget limit is $10,000,000. Each project's capital investment and annual operating expenses are shown in the table below Capital investment Project life ,000 $600,000$400,000 10 years 10 years 10 years Annual revenueS450,000 S400,000 $300,000 Annual expenses $200,000 180,000 $150,000 Market value$100,000 $80,000 $60,000 Using the desired MARR of 10% per year, and for the same analysis period, determine which project should be adopted on the basis of the PW method. Confirm our selection using the AW and FW methods

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