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021 - Finance for Engineers Time left 129:03 Question 4 Not yet answered Grand River Plus Inc. is evaluating a possible investment in a new
021 - Finance for Engineers Time left 129:03 Question 4 Not yet answered Grand River Plus Inc. is evaluating a possible investment in a new passenger river boat, in order to expand its offerings of river tours. Analysis of the projected cash flows revealed the following information: Annual Worth of $16,000; Rate of Return of 18%; MARR of 15%. The proposal should be Points out of 1.50 a. P Flag question Rejected because the Rate of Return is greater than the MARR. O b. Accepted because the Rate of Return is greater than the MARR. Oc. Accepted because the Rate of Return is greater than the Annual Worth (in thousands). O d. Rejected because the Rate of Return is greater than the Annual Worth in thousands). Previous page N TrineOnline Accessibility Statements
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