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A company is considering several alternatives that are shown below. If the firm uses a 10% interest rate and uses the rate of return approach
A company is considering several alternatives that are shown below. If the firm uses a 10% interest rate and uses the rate of return approach to make the selection, which alternative should be chosen? Initial Cost 19,000 3,500 10 yrs 16,000 3,100 Annual Ben 11,000 2,200 10 yrs 8,500 1,350 10 yrs Life 10 yrs Select one: a. Select P b.Select c. Select R d. Select S e. None
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