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Consider the following three mutually exclusive alternatives (ranked by initial cost from low to high) and determine the range of values of MARR in which

Consider the following three mutually exclusive alternatives (ranked by initial cost from low to high) and determine the range of values of MARR in which Alternative B is the preferred alternative?

IRR

A: 9%

B: 15%

C: 10%

B-A: 18%

C-A: 12%

C-B: 5%

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