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Myers Co. is evaluating the following independent projects. The manager has determined the appropriate discount rate is 9% for all of the recommended projects.

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Myers Co. is evaluating the following independent projects. The manager has determined the appropriate discount rate is 9% for all of the recommended projects. Rank order the projects based on the internal rate of return. Year Project A Project B Project C 0 -28,000 -40,000 -65,000 1 17,000 20,000 30,000 2 15,000 25,000 35,000 3 12,000 15,000 35,000

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