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For the table below, consider a MARR of 12%. Initial Incremental IRR Alternative IRR Investment Y V $25,000 13.5% $30,000 17.6% 36.2% $40,000 X 18.0%

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For the table below, consider a MARR of 12%. Initial Incremental IRR Alternative IRR Investment Y V $25,000 13.5% $30,000 17.6% 36.2% $40,000 X 18.0% 7.9% V $65,000 9.7% P q r a. Select the best alternative using Incremental analysis. Give an explanation for your choice (5 Marks) b. Calculate the unknown IRR of alternative y (value X)? (15 Marks)

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