20/Out of the following four projects project to be implemented using IRR method. Study period is 10 years each and MARR =16%. Use AW formulation. Project Initial Investme nt Annual A B 3,50,00 4,50,00 0 0 90,000 1,00,00 0 C 6,00,00 0 1,00,00 O revenues Salvage 50,000 75,000 70000 value D 8,00,00 0 1,75,00 0 80,000

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