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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 compounded semiannually, determine if

A project with the following costs are under consideration to determine its profitability. Using the IRR comparison, and an annual MARR compounded semiannually, determine if the project should be executed. First cost: $52,000 Semiannual operating cost: $10,000 Semiannual income: $20,000 Salvage value: $20,000 Life in years: 4 years a. IRR =17% semiannual b. IRR =5% semiannual c. IRR =18.7% semiannual d. IRR =15.3% semiannual

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