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Net Cash Flows Project 3 -$2200 Project 1 -$1500 700 2000 Project 2 -$5000 2500 2500 1 1600 2 2000 a) Calculate by hand the

Net Cash Flows Project 3 -$2200 Project 1 -$1500 700 2000 Project 2 -$5000 2500 2500 1 1600 2 2000 a) Calculate by hand the IRR for each project. b) If the MARR is 15%, using incremental analysis, which project should be selected

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