For the following table, assume a MARR of 15% per year and a useful life for each alternative of eight years which equals the study period. The rank-order of alternatives from least capital investment to greatest capital investment is Z → Y → W → X. Complete the incremental analysis by selecting the preferred alternative. “Do nothing” is not an option. (6.4) FE PRACTICE PROBLEMS 307 Z → Y Y → W W → X ! Capital −$250 −$400 −$550 investment ! Annual cost 70 90 15 savings ! Market 100 50 200 value ! PW(15%) 97 20 ??? (a) Alternative W (b) Alternative X (c) Alternative Y (d) Alternative Z The following mutually exclusive investment alternatives have been presented to you.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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For the following table, assume a MARR of 15%
per year and a useful life for each alternative of eight
years which equals the study period. The rank-order
of alternatives from least capital investment to greatest
capital investment is Z → Y → W → X. Complete
the incremental analysis by selecting the preferred
alternative. “Do nothing” is not an option. (6.4)
FE PRACTICE PROBLEMS 307
Z → Y Y → W W → X
! Capital −$250 −$400 −$550
investment
! Annual cost 70 90 15
savings
! Market 100 50 200
value
! PW(15%) 97 20 ???
(a) Alternative W (b) Alternative X
(c) Alternative Y (d) Alternative Z
The following mutually exclusive investment alternatives have been presented to you.

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