2. Economic data pertaining to four mutually exclusive alternatives of a major project are given in the following table. III IV Capital Investment $6,000,000 $9,500,000 $11,200,000 $13,500,000 Net Annual Revenue 550,000 965,000 1,165,000 1,395,000 Salvage Value 399,000 500,000 500,000 750,000 Useful Life (Years) 10 10 10 10 a. Using net present worth analysis, calculate the rate of return for all four alternatives, and b. Using a MARR of 15%, determine which alternative the firm should select. Apply ROR analysis on incremental investment CF