What is the rate of return for the following incremental analysis. Investment 1 2 Initial Investment $23,877 $31,255 Annual Return $3,134 $10,237 Salvage Value $23,877 $31,255 32.75 AV Recall that if...

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Extracted text: What is the rate of return for the following incremental analysis. Investment 1 2 Initial Investment $23,877 $31,255 Annual Return $3,134 $10,237 Salvage Value $23,877 $31,255 32.75 AV Recall that if Present Value = Salvage Value, PV For the incremental analysis the rate of return is Ai* = AAV - AV2 - AV1 PV2 - PV1 ΔΡ Rate of Return = Ai'2 -1× 100 * Note: rate of return can be negative too.