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( 1 5 Points ) In the evaluation phase of a renewable energy project, two solar power plant proposals are being compared. Each plant is

(15 Points) In the evaluation phase of a renewable energy project, two solar power plant proposals are
being compared. Each plant is expected to operate for 10 years. The decision-makers have set a
Minimum Acceptable Rate of Return (MARR) at 15%. The team is conducting an incremental Internal
Rate of Return (IRR) analysis to identify the more favorable option.
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