Question: TABLE P 35 Net Cash Flow n Project 2 Project 1 -$1,500 Project 3 -$2,200 0 -$5,000 $7,500 1 $700 $1,600 2 $2.500 $600 $2,000

 TABLE P 35 Net Cash Flow n Project 2 Project 1

-$1,500 Project 3 -$2,200 0 -$5,000 $7,500 1 $700 $1,600 2 $2.500

TABLE P 35 Net Cash Flow n Project 2 Project 1 -$1,500 Project 3 -$2,200 0 -$5,000 $7,500 1 $700 $1,600 2 $2.500 $600 $2,000 = Assume that MARR 15% and a financing rate of 12%. (a) Compute the IRR for each project. (b) On the basis of the IRR criterion, if the three projects are mutually exclusive investments, which project should be selected

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