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Internal Rate of Return [LO 11-1, 11-2, 11-3, 11-4] Baloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that

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Internal Rate of Return [LO 11-1, 11-2, 11-3, 11-4] Baloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Vecious information about the proposed investment follows: (Funure Value of St. Eresent Yalue of Si. Elatuce Value Annuty. of S1. Bresent Walue Annuify ot 51] Note: Use appropriate factoris) from the tables provided. Assume stiaight line depreciation methed is used. Aequired: Heip Bes evaluate this project by caiculaing esch of the toliowing: 1. Accounting rase of retum. Note: Round your answer to 2 decimal places. 2. Paytack period. Notet Round your answer to 2 decimal pteces. 3. Net present value (NPY) Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign, Round the final answer to nearest whole dollibr. 4. Recalculate the NorV assuming lasis cost of capital is 11 percent Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar

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