
Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598
Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 44
Consider the two mutually exclusive investment projects given in Table.
(a) To use the IRR criterion, what assumption must be made in comparing a set of mutually exclusive investments with unequal service lives
(b) With the assumption made in part (a), determine the range of MARRs which will indicate that project Al should be selected.
TABLE 57

(a) To use the IRR criterion, what assumption must be made in comparing a set of mutually exclusive investments with unequal service lives
(b) With the assumption made in part (a), determine the range of MARRs which will indicate that project Al should be selected.
TABLE 57

Explanation
The seventh chapter of the textbook focu...
Contemporary Engineering Economics 6th Edition by Chan Park
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