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3) MARR is 10% P2-P1 P1 P2 -$5,000.00 -$10,000.00 0 1 $2,500.00 $6,500.00 2 $3,750.00 $5,500.00 3 $1,500.00 $1,750.00 IRR 27% 22% a) Compute the

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3) MARR is 10% P2-P1 P1 P2 -$5,000.00 -$10,000.00 0 1 $2,500.00 $6,500.00 2 $3,750.00 $5,500.00 3 $1,500.00 $1,750.00 IRR 27% 22% a) Compute the i* of P2-P1 b) Which project would you choose using an IRR analysis Answer: The project 1 should be chosen

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