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Pharoah Company is considering three capital expenditure projects. Relevant data for the projects are as follows: Annual income is constant over the life of the
Pharoah Company is considering three capital expenditure projects. Relevant data for the projects are as follows: Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Pharoah Company uses the straight-line method of depreciation. Determine the internal rate of return for hach project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.52124. Round IRR factor values to 3 decimal places, e.g. 1.521 and final answers to 0 decimal places, e.g. 15\%.) Click here to view the factor table
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