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The migration of Asian carp into the Great Lakes must be stopped. Two mutually exclusive alternatives with a useful life of three years have been
The migration of Asian carp into the Great Lakes must be stopped. Two mutually exclusive alternatives with a useful life of three years have been proposed to keep the carp from travelling further north. If the MARR is 12%, which alternative should be chosen if it is specified that the internal rate-of-return method must be utilized? Assume repeatability. The IRR for the Fish Nets is % so this alternative is (Round to one decimal place)
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