a) Which project would be selected based on the rate of return decision criterion? (Assume that MARR=10%.) The IRR on incremental investment is () (Round to one decimal place.) Which project would be selected?

(b) Determine the MIRR on the incremental investment. Which project would be chosen at MARR=10% (the firm's financing cost is also 10%)?

The MIRR on the incremental investment is ()(Round to one decimal place.) Which project would be selected?

Consider the two mutually exclusive investment alternatives given in the table below. IRR Net Cash Flow Project A1 Project A2 -$12,000 S15,000 7.500 8.000 7,500 14,000 7.500 5,000 39.45% 38.27%