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Suppose the MARR is 12%. Use the following table to answer the question--The IRR on the FMS Investment is CMS FMS Initial Investment $20,000 $29,000

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Suppose the MARR is 12%. Use the following table to answer the question--The IRR on the FMS Investment is CMS FMS Initial Investment $20,000 $29,000 Annual Revenue 6,688 9,102 Useful Life (Years) 5 5 A. 20.0% -21.0% B. 0.5% - 1.0% C. 15.0% - 16.0% D. 11.0% - 12.0% E. 17.0% - 18.0%

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