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A project with the following costs are under consideration to determine its profitability. Using the IRR comparison, and an annual MARR of 10% compounded
A project with the following costs are under consideration to determine its profitability. Using the IRR comparison, and an annual MARR of 10% compounded semiannually, determine if the project should be executed. First cost $45,000 Semiannual operating cost $10,000 Semiannual income $20,000 Salvage value $9,000 Life in years 4 years Oa IRR 17% Ob. IRR 16.9% IRR-13% Od. IRR 15.3%
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