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06-06-2023
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Suppose the MARR is 5%. Use the following table to answer the question--The IRR on the CMS Investment is _______. CMS FMS Initial Investment $31,000 $38,000 Annual Revenue 6,688 9,102 Useful Life (Years) 5 5 A. 17.0% - 18.0% B. 5.0% - 6.0% C. 20.0% - 21.0% D. 2.0% - 3.0% E. 11.0% - 12.0%

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