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2 () 12 If the rate of return on the incremental cash flow between two alternatives is less than the minimum attractive rate of return

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2 () 12 If the rate of return on the incremental cash flow between two alternatives is less than the minimum attractive rate of return (MARR), the alternative should : be selected, is Alternative with lowest annual operating cost Alternative with lowest first cost Alternative with highest annual operating cost Alternative with highest first cost both of the two alternatives

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