The MARR for a project is 35% per year and the IRR of cost alternative A (the lower
initial cost alternative) is 60%, the IRR of cost alternative B (the second lowest initial
cost alternative) is 50% and the IRR of cost alternative C (the highest initial cost
alternative) is 40%. If the incremental IRR, AIRR (B-A) is 30%, the AIRR (C-A) is 40%
and the AIRR (C-B) is 30% what is the best alternative if they are mutually exclusive
projects?
All three A, B , and C
Alternative A
Alternative B
Alternative C
None of the above