Three mutually exclusive earth-moving pieces of equipment are being considered by a construction company in...

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Three mutually exclusive earth-moving pieces of equipment are being considered by a construction company in the Philippines. The estimated cash flows are given below: 1. Using a 5-year study period and MARR of 12% compare the three alternatives using IRR method. (12 pts) 2. What is the equivalent annual worth of the chosen alternative? ( 3 pts)

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