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Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project.

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Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Ueker Company uses the straight-line method of depreciation. Determine the internal rate of return for each project. (Round answers 0 decimal places, e.g. 10.)

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