Essay
Nadia recently moved to Celebration, Florida, an unincorporated master- planned community in Osceola County that connects directly to the Walt Disney World parks. To support the planned community's environmentally friendly transit system and to save on transportation costs, she wants to buy a new Neighborhood Electric Vehicle. She is looking into three models of the NEVs and has been provided with the following information. Compare the alternatives shown below on the basis of rate of return and determine which model should be purchased if her personal MARR is 9% per year.
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Incremental IRR M- D) = 54.22%...View Answer
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