QUESTION 23 5 points Saved Table 10.5 Galaxy Satellite Co. Is attempting to select the best group of independent projects competing for the firm's fixed capital budget of $10,000,000, Any unused portion of this budget will earn less than its 20 percent cost of capital. A summary of key data about the proposed projects follows. PV of Inflowe Project Initi Investment IRR at 20% 53,000,000 21% 33,050,000 9,000,000 25 9,320,000 1,000,000 24 1,060,000 2,000,000 23 7,350,000 B C D : Use the IRR approach to select the best group of projects, if the required rate of return is 23.5%. (See Table 105) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)