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A company is looking at five different potential projects, but it can only do one of them. Which project should the company select? For this

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A company is looking at five different potential projects, but it can only do one of them. Which project should the company select? For this question, use the following information: A B D E -6,500 -5,300 -7,000 Project Initial Investment Annual Benefit Salvage Value Useful life -3,300 650 -5,500 1,000 1,200 950 1,250 150 425 300 1,000 200 10 10 10 10 10 IRR 14.99% 13.51% 12.74% 13.26% 12.93% E-A C-A D-A D-B B-A 11.97% Delta IRR 9.68% 8.88% 11.78% 10.90% C-E B-E D-E B-C D-C 14.29% 16.79% 14.71% Delta IRR 18.90% 16.44% Which project should be selected if MARR is 10% (mutually exclusive)? E B A C

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