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Business, 25.04.2020 01:41 nbunny7208

Two flight guidance systems are being evaluated for a backup control tower at a local airport. One system utilizes conventional radar, and the second uses a global positioning system (GPS). The life of both systems is six years, and the MARR is 12% per year. Radar GPS Capital investment $300,000 $450,000 Annual expenses 60,000 30,000 Salvage value 40,000 80,000 Based on the internal rate of return criterion, which guidance system would you recommend? The IRR on the incremental cash flows of Upper Delta(GPSminusRadar) is

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