Six mutually exclusive projects A, B, C, D, E, and F, are being considered by XYZ They have been ordered by first costs so that project A has the lowest first cost, project F the largest. Specifically, detailed cash flows for Projects A and B are given below. Project A : Initial Cost of $323,120, annual benefit of $50,000 for 15 years Project B: Initial Cost of $466,938, annual benefit of $70,000 for 15 years Also, the table below apply to all projects ( A through F ). The data can be interpreted as follows: the IRR on the incremental investment from project C to D is 9%. First, calculato both the IRR for Project A and the Increment IRR from Project A to Project B. Next, Use the table to decide which project should be selected. MARR for XYZ is set at 10% First, calculate both the IRR for Project A and the Increment IRR from Project A to Project B Next, Use the table to decide which project should be selected. MARR for XYZ is set at 10% IRR(ProjectA)=9% IRR(ProjectA)=11% IRR(ProjectA)=12% IRR (Project A)=13% IRR(Increament A to B)=8% IRR (Increament A to B)=9% IRR(increament A to B)=10% IRR ( Increament A to B)=11% Final Selection is Proect B Final Selection is Project C Final Selection is Project D Final Selection is Project F