3. To annually exclusive alternatives are under consideration. Alt. A will Cost $44,000, provide annual benefits of $ 17,000, and a Salvage of & 4000 at the end of it's 4 year life. Alt. B will cost $63,000 Provide annual benefits of $ 23,00oo and salvage of $ 5000 at the end of its 4 year life. Analyze these alternatives using IRR, NPV, and pay back.
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