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1. Your firm is considering overhauling its production plant. The eng two proposals, one for a minor overhaul and one for a major overhaul. The

1. Your firm is considering overhauling its production plant. The eng two proposals, one for a minor overhaul and one for a major overhaul. The two option following cash flows (in millions of dollars) Proposal Minor overhaul Major overhaul O -10 50 6 25 762 25 3 6 25 IRR 36.3 23.4 711se IRR

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