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solve using excel step by step please 7s.10 Consider the following investment projects. Year (n) 0 Net Cash Flow Project 1 Project 2 -$1,200 -$2,000

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7s.10 Consider the following investment projects. Year (n) 0 Net Cash Flow Project 1 Project 2 -$1,200 -$2,000 $600 $1,500 $1,000 $1,000 19.65% 17.54% 1 2 IRR Determine the range of MARR for which Project 2 would be preferred over Project 1. (a) MARR = 12.5% (b) 13% S MARR s 15% (c) 16% > MARR (d) Not enough information to determine 5.11 The following information on two mutually exclusive projects is given below

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