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ggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Project Investment $243,300 274,200 280,500 Annual Income 20,730
ggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Project Investment $243,300 274,200 280,500 Annual Income 20,730 15 ,700 Life of Project 6 years 9 years 7 years Annual income is constant over the life of the project Each project is expected to have zero sa Ivage value at the end of the project. Iggy Company uses the straight-line method of depreciation. Click here to view the factor table. Determine the internal rate of return for each project (Round answe O cirnal places, e.g. 13%. For calculation 5 decirnal ph-ces as displayd in the table Internal Rate of Project Return 24A If Iggy CompanVs required rate of return is 11%, which projects are acceptable? The following project(s) are acceptable
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