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Needing to check my answers studying for an exam. A company is considering three engineering proposals (1, 2, and 3) with cash flows estimated as

Needing to check my answers studying for an exam. image text in transcribed
A company is considering three engineering proposals (1, 2, and 3) with cash flows estimated as below: Proposals 1 and 2 are mutually exclusive and proposal 3 is contingent upon proposal 2. Develop an internal rate of return analysis for the set of alternatives, and make a recommendation that will maximize wealth for the company. MARR = 15%

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