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Six sites have been identified for a parking lot in downtown Blacksburg. Because the sites are plots of land, their salvage value and investment cost

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Six sites have been identified for a parking lot in downtown Blacksburg. Because the sites are plots of land, their salvage value and investment cost are identical. A 10-year study period has been specified, and the MARR is 17% per year. Which site should be chosen based on the IRR criterion? Click the icon to view the alternatives description. B. Alternative C Alternative E O D. Alternative F E. Alternative A F. Alternative D Analyze the difference between the base alternative and the second-choice alternative. IRR AC %. (Round to one decimal place.) B D E F $120 $170 $280 $430 $530 $740 $17 $44.5 $62 $94.5 $114.5 $144.5 Investment cost (thousands) Annual revenue minus expense (thousands) IRR on total investment 14.2% 26.2% 22.1% 22% 21.6% 19.5% Print Done Clear All

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