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a) Explain the significance of the break-even chart? [4] (b) The savings in each of the 5 years of an energy conservation project with an

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a) Explain the significance of the break-even chart? [4] (b) The savings in each of the 5 years of an energy conservation project with an investment of 12 lakhs is given as follows. Determine the internal rate of return. [6] Year 15 Annual cash flow 450000 600000 500000 250000

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