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Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 9 % return from

Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company

requires a

9 %

return from its investments.

Compute the internal rate of return for each of the projects using excel functions.

Note: Round your answers to

2

decimal places.

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