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TERY Company is comidering three capital expenditure projects. Relevant data for the projects are as follows. Life of Project Project 22A 23A 24A Investment $242800

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TERY Company is comidering three capital expenditure projects. Relevant data for the projects are as follows. Life of Project Project 22A 23A 24A Investment $242800 275,000 282.000 Annual Income $16840 20,600 15.700 9 years 7 years Ansvaal income is constant over the life of the project. Each project is expected to have zero salvace value at the end of the project Bey Company uses the straight line method of depreciation Click here to view the factor table Determine the internal rate of return for each project. (Round answers O decimal places. y. 19%. For calculation purposes, use 5 decimal places os displayed in the factor table provided) Project Internal Rate of Return 22A 21A . (6) iety Company's required rate of return is 11%, which projects are acceptable? The following projects are acceptable

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