Accounting

The rate of return for alternative X is 18% per year and for alternative Y is 17% per year, with Y requiring a larger initial investment.

If a company has a minimum attractive rate of return of 16% per year,

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(a) The company should select alternative X.

(b) The company shou ld select alternative Y.

(c) The company should conduct an incremental analysis between X and Y to select the economically better alternative.

(d) The company should select the donothing alternative.

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