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The Rydell purchasing department has made revisions to their costs and annual cash flows for Project A and Project B, as outlined below. Project A

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The Rydell purchasing department has made revisions to their costs and annual cash flows for Project A and Project B, as outlined below. Project A Project B Project A's revised investment is $238,100. The Project B's revised investment is $126,400. project's life and cash flow have changed to 6 The project's life and cash flow have changed years and $51,500, respectively, while expenses to 5 years and $87,500 while expenses have been eliminated. reduced slightly to $55,000. Compute the internal rate of return factor for Project A and Project B and then identify each project's corresponding percentage from the PV ordinary annuity table. Note: Enter the IRR factor, to 5 decimal places. Project A: The calculated IRR factor is 4.86804 X and this value corresponds to which percentage in the present value of ordinary annuity table? 10 X % Project B: The calculated IRR factor is 4.35385 X and this value corresponds to which percentage in the present value of ordinary annuity table? 10 X %

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