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Question 8) Consider the following two mutually exclusive investment projects: Net Cash Flow Year (n) Project 2 -$2,000 1,200 1,400 18.88% Pr -$2,200 1,200 1,650

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Question 8) Consider the following two mutually exclusive investment projects: Net Cash Flow Year (n) Project 2 -$2,000 1,200 1,400 18.88% Pr -$2,200 1,200 1,650 18.07% IRR Determine the range of MARR where Project 2 would be preferred over Project 1 with "do-nothing" alternative (a) MARR 11.80% (b) MARR 11.80% (c) 11.80% MARR 18.88% (d) MARR 18.88% Use ROR

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