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Modified problem 6.14 from page 360 of the textbook, which now reads: Consider the following two investment alternatives: The firms MARR is known to be

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Modified problem 6.14 from page 360 of the textbook, which now reads: "Consider the following two investment alternatives: The firms MARR is known to be 14%. (a) Compute PW (14%) for A1. (b) Compute the unknown cash flow X in years 2 and 3 for A2. (c) Compute the project balance (at 14%) of A2 at the end of year 3. (d) If these two projects are mutually-exclusive alternatives, which select based on the PW criterion? (e) If these two projects are mutually-exclusive alternatives, which select based on the IRR criterion

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