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The following cash now estimates have been developed for two small, mutually exclusive investment alternatives. The minimum, attractive rate of return is 15% per year.

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The following cash now estimates have been developed for two small, mutually exclusive investment alternatives. The minimum, attractive rate of return is 15% per year. At which of the following IRR values on incremental investment would alternative 1 be a better choice? 12% 15% 18% 28% 25% State the criterion for your decision: ___________ At which of the following IRR values on incremental investment would alternative 2 be a better choice? 18% 10% 5% 8% 12% State the criterion for your decision: _________

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