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I don't understand whats wrong here but I got the rest of the problem correct. I know that 22A and 23A are projects thar are
I don't understand whats wrong here but I got the rest of the problem correct. I know that 22A and 23A are projects thar are acceptable.
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. Iggy Company uses the straight-line method of depreciation Click here to view the factor table. (a) Determine the internal rate of return for each project. (Round answers O decimal places, es 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project Internal Rate of Return 22A 4.19815 % 23A 5.35321 % 24A 5.04152 (b) If Issy Company's required rate of return is 11%, which projects are acceptable? The following projects are acceptable 22 and 234 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. Iggy Company uses the straight-line method of depreciation Click here to view the factor table. (a) Determine the internal rate of return for each project. (Round answers O decimal places, es 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project Internal Rate of Return 22A 4.19815 % 23A 5.35321 % 24A 5.04152 (b) If Issy Company's required rate of return is 11%, which projects are acceptable? The following projects are acceptable 22 and 234 Step by Step Solution
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