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please help Splish Brothers Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Sour $640000 60000 Project Nuts $603000
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Splish Brothers Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Sour $640000 60000 Project Nuts $603000 Initial investment 46000 192000 147000 Annual net income Net annual cash inflow Estimated useful life Salvage value 5 years 6 years 0 0 The company requires a 10% rate of return on all new investments, Present Value of an Annuity of 1 Periods 9% 10% 11% 12% 5 3.890 3.791 3.696 3.605 6 4.486 4.355 4.231 4.111 The internal rate of return for Project Nuts is approximately 12.080585545482%. O 11.1%. O 10.1%. 09.1% Step by Step Solution
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