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Waterway Company is considering three capital expenditure projects. Relevant data for the projects are as follows: Annual income is constant over the life of the

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Waterway 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. Waterway Company uses the straight-line method of depreciation. (a) Determine the internal rate of return for each project, (For calculation purposes, use 5 decimal places as displayed in the factor tabile provided, eg. 1.52124. Round IRR foctor walker to 3 decimal places, es. 1.521 and final answers to 0 decimal ploces es: 15% ) Determine the internal rate of return for each project. (For calculation purposes, use 5 decimal ploces as dilsplayed in the factor table provided, eg 1.52124. Round IRR factor values to 3 decimal places, eg. 1.521 and final answers to 0 decimal ploces, eg. 15%K ) Click here to view the factor table. (b) The parts of this question must be completed in ordec. This part will be avallable when you complete the part above

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