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gBy Company is considering three capital expenditure projects. Relevant data for the projects are as follows Annual Life of Project Investment Income Project 22A $240,900

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gBy Company is considering three capital expenditure projects. Relevant data for the projects are as follows Annual Life of Project Investment Income Project 22A $240,900 $17,400 6 years 23A 274,900 20,950 9 years 24A 283,900 15,700 7 years 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.Igsy Company uses the straight-line method of depreciation. Click here to view PV table. Determine the internal rate of return for each project. (Round answers O decimal places, es 10. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal Rate of Return Project 22A 23A 24A 11.64 % 12.43 | % 859 | % triggy Company's required rate of return is 11%, which projects are acceptable? The following project(s) are acceptable 22A and 23A

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