Question :

Review the 3 mutually exclusive options from Prob 7 in the Excel file. If the TRAM is 15%, which project will you choose, given the rate of return on incremental (or marginal) investment? Do your calculations in Excel but show your approach in your working document

\begin{tabular}{cccc} \hlinen & D1 & D2 & D3 \\ \hline 0 & $2000,00 & $1000,00 & $3000,00 \\ \hline 1 & $1500,00 & $800,00 & $1500,00 \\ \hline 2 & $1000,00 & $500,00 & $2000,00 \\ \hline 3 & $800,00 & $500,00 & $1000,00 \\ \hline IRR & 34,37% & 40,76% & 24,81% \\ \hline \end{tabular}