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Your company is considering three multually exclusive investments as described in the table low. Based on a 15-year study period and 1090 MARR, determine which

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Your company is considering three multually exclusive investments as described in the table low. Based on a 15-year study period and 1090 MARR, determine which investment should be selected. The repeatability assumption cannot be applied. Hint: imputed market value technique will need to be applied to Investment 1 and assume cotermination at 15-years with reinvestment for Investment 3 Initial investment Net annual revenue Salvage value Useful life Investment Investment 2 Investment 3 50000 8000 20000 20 35000 6200 500 15 22000 5600 0 Choices: (note: alternative A is better than alternative B is represented as A>B) A: Choose Investment 1, because Investment 1 > Investment 2> Investment 3 B: Choose Investment 2, because Investment 2 > Investment 3 > Investment 1 C: Choose Investment 3, because Investment 3> Investment 1 > Investment 2 D: Choose Investment 1, because Investment 1 > Investment 3 > Investment 2 E: Choose Investment 2, because Investment 2> Investment 1 > Investment 3 F: Choose Investment 3, because Investment 3 > Investment 2 > Investment 1

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