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Your company's executive deems the project A to be vital to company operations, but identifies an alternative project B. project A project B Cash Flow

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Your company's executive deems the "project A" to be vital to company operations, but identifies an alternative "project B. project A project B Cash Flow Cash Flow Year Year ($) 0 -200000 -300000 -400000 -400000 2 -500000 -400000 3 -100000 3 -300000 0 1 1 2 4 125000 4 125000 5 200000 5 225000 6 6 250000 245000 245000 7 7 270000 8 245000 8 270000 9 245000 9 270000 10 245000 10 270000 11 245000 11 270000 12 245000 12 270000 13 245000 13 270000 14 14 245000 245000 270000 270000 15 15 16 245000 16 270000 17 17 270000 18 18 270000 19 245000 245000 245000 245000 245000 19 270000 20 270000 20 21 21 270000 What is the internal rate of return of this alternative "project B"? IRR_B= % (keep one decimal place) Using AIRR, which of the two alternatives should you choose, having MARR=12%

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