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4. Two mutually exclusive project alternatives are considered. Net cash flows are given. MARR = 14%. Use incremental IRR analysis to determine the incremental rate

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4. Two mutually exclusive project alternatives are considered. Net cash flows are given. MARR = 14%. Use incremental IRR analysis to determine the incremental rate of return i". Which project should be selected? 0 1 Project 1 -$450 300 300 21.5% Project 2 -$570 300 460 19.9% 2 IRR

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