sey Company is considering three capital expenditure projects. Relevant data for the projects are as follows Project Investment Annual Income Life of Project 22A 5242.300 517450 6 years 23A 274.200 20.920 9 years 7 years 24A 281.700 15,700 Annual income is constant over the life of the project. Each project is expected to have zero salvagy value at the end of the project. ley Company uses the straight line method of depreciation Click here to view the factor table. (a) Determine the internal rate of return for each project. (Round answers O decimal places, es 13%. For calculation purposes, le decimal places as displayed in the factor tabile provided Internal Rate of Project SOM (a) -75 Determine the internal rate of return for each project. (Round answers decimal places, s. 13. For calculation purposes. 5decimal places as displayed in the factor table provided) Project Internal Rate of Return 22A %6 23A 24A X (b) If Irsy Company's required rate of return 11%, which projects are acceptable? The following project(s) are acceptable SON