Question: 1. Which mutually exclusive project below would you recommend? Explain your answer.
Project                PW (12%)                                       IRR
R15                                             $45,252                                             15%
S19                                              $42,591                                              18%
2. What other factors might you include in such an analysis? Should projected revenues be included in the analysis?
3. Would the recommendation change if landfill costs double to $40 per cubic yard?