3) Use the after-tax IRR method to evaluate the following three alternatives using MACR depreciation...

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3) Use the after-tax IRR method to evaluate the following three alternatives using MACR depreciation for a 3-year property. The after-tax MARR is 25%, the project life is 5 years firm uses a flat tax rate of 45%. Alternative First Cost $14,000 $18,000 | $10,000 Benefits $1,500 $1,000 $5,000 Salvage $5,000 $10,000 S0

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