Blossom Company is considering three capital expenditure projec 5. Relevant data for the rects are as...

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Blossom Company is considering three capital expenditure projec 5. Relevant data for the rects are as follows. Annual Life of Project Investment Income Project 22A $241,400 $17,590 6 years 23A 271,100 20,620 9 years 24A 282,100 15,700 7 years Annual net income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Blossom Company uses the straight-line method of depreciati Click here to view PV table. (a) Determine the internal rate of return for each project. (Round answers O decimal places, e.g. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project 22A 23A Internal Rate of Return % do % Blossom Company is considering three capital expenditure projec 5. Relevant data for the rects are as follows. Annual Life of Project Investment Income Project 22A $241,400 $17,590 6 years 23A 271,100 20,620 9 years 24A 282,100 15,700 7 years Annual net income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Blossom Company uses the straight-line method of depreciati Click here to view PV table. (a) Determine the internal rate of return for each project. (Round answers O decimal places, e.g. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Project 22A 23A Internal Rate of Return % do %