b) Why the capital rationing frequently exist in practice? Discuss the internal rate of return approach and the net present value approach to capital rationing, which is better? (5 marks) (Total: 10 marks) APPENDIX MACRS Table: TABLE 4.2 Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Recovery year 3 years 7 years Percentage by recovery year 5 years 20% 32 25 1 33 2 45 10 years 10 18 14 12 3 15 18 4 12 12 12 5 5 2 4 10 Totals 100 100 100 100 best way to polith posted on the