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There are three alternatives: A , B , and C . A has an internal rate of return of 1 2 % , B has

There are three alternatives: A

,

,

and C

.

A has an internal rate of return of

12 %,

B has

13.5 %,

C has

20 % .

Assume the MARR is

10 %,

which alternative shall we select?

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