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Current Attempt in Progress Bonita Company is considering two capital expenditures. Relevant data for the...

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Accounting

Current Attempt in Progress
Bonita Company is considering two capital expenditures. Relevant data for the projects are as follows:
Bonita Company uses the straight-line method to depreciate its assets.
Calculate the internal rate of return for each project. (For calculation purposes, use 5 decimal places as displayed in the factor table
provided, e.g.1.25125. Round answers to 0 decimal places, e.g.15%.)
Click here to view the factor table.
Determine whether the projects are acceptable if the required rate of return is 9%.
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