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Metlock Company is considering two capital expenditures. Relevant data for the projects are as follows: Metlock Company uses the straight-line method to depreciate its assets.

image text in transcribed Metlock Company is considering two capital expenditures. Relevant data for the projects are as follows: Metlock Company uses the straight-line method to depreciate its assets. Calculate the internal rate of return for each project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25125. Round answers to 0 decimal places, e.g. 15\%.) Click here to view the factor table

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