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A manufacturing firm is considering the mutually exclusive alternatives given in the table below. Determine which project is a better choice at a MARR =

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A manufacturing firm is considering the mutually exclusive alternatives given in the table below. Determine which project is a better choice at a MARR = 15% based on the IRR criterion. n Net Cash Flow Project A1 - $4,000 2,600 2.800 Project A2 - $5,000 3,600 3,200 The IRR on incremental investment is %. (Round to one decimal place.)

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