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37) MARR-12%, Consider the following alternatives: (16 points) Proj. A Proj. B Proj. C Proj. D Equipment cost 80,400 47,800 75,450 90,000 Installation cost 25,000

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37) MARR-12%, Consider the following alternatives: (16 points) Proj. A Proj. B Proj. C Proj. D Equipment cost 80,400 47,800 75,450 90,000 Installation cost 25,000 20,000 40,000 50,000 Annual income 22,600 15,100 24,000 14,000 Useful life (years) Calculated ROR 10 17% 10 16.20% 10 10 18% 11.90% Perform the Incremental ROR analysis to select the best alternative. All details should be organized and able to follow. Need exact value of Incremental ROR only in the last step

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