The following two mutually exclusive investment allematives are being evaluated using the IRR method. The alternatives have a 5-year service life with no salvage value. Allemative Alternative P Capital Investment $10,000 $15,000 Annual revenues 3,100 4.300 IRR 18.6% 13.3% (a) Calculate the incremental IRR of investing in Altomative P rather than Alternative V. OA 9.0% O B. 7.7% O C. 64% O D. 3.3% (b) if the incremental IRR you calculated in (a) is lower than the MARR, which alternative is more economical and what is the basis for your decision? O A. They are economically equivalent because Alternative V has a higher IRR but based on a lower initial capital investment, while Alternative P has a lower IRR but based on a higher initial capital investment O B. Alternative V because the incremental IRR is lower than the MARR C. Alternative V because it has an IRR higher than that of Alternative P D. Alternative P because the incremental IRR is lower than the MARR O E. Alternative P because it has both a higher initial capital investment and higher annual revenues than allemative V