Roger Industries is considering two capital investment proposals. each project are provided below: Estimates regarding Project XR8 Project AAA Initial investment Annual net income Net annual cash inflow Estimated useful life Salvage value $800,000 40,000 200,000 5 years $1,200,000 84,000 284,000 6 years 0 0 e company requires a 10% rate of return on all new investments. The cash payback period for Project XR8 is 20 years O 10 years years 4 years The annual rate of return for project XR8 is: 10% 25% 0:50% The net present value for Project AAA is: 1S. e $36.820 e $200,000 $365.824 $1.236,820 The internal rate of return for Project AAA is approximately: @ 10% e 11% 12% 9% | Question 33 Should the company invest in Project AAA? Yes No