Question: =+EX 26-18 Internal rate of return methodtwo projects obj. 3 a. Delivery truck, 15% Buckeye Healthcare Corp. is proposing to spend $109,296 on an

=+EX 26-18 Internal rate of return method—two projects obj. 3

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a. Delivery truck, 15%

Buckeye Healthcare Corp. is proposing to spend $109,296 on an eight-year project that has estimated net cash flows of $22,000 for each of the eight years.

a. Compute the net present value, using a rate of return of 15%. Use the table of present values of an annuity of $1 in the chapter.

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