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Internal Rate of Return Analysis Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is 12%. Data for the two proposals follow. What

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Internal Rate of Return Analysis Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is 12%. Data for the two proposals follow. What is the internal rate of return for Proposal X ? For Proposal Y ? Use Excel to compute your answers. Round answers to the nearest whole percentage (ex: 0.1854=19%) Proposal X % Proposal Y%

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