22 E23-10 Calibrachoa Corp. is considering three capital expenditure projects. Relevant data for the projects are as Determine follows: return. Project Investment Annual Income Life of Project (LO 4) AP $240,000 $13,300 6 years 270,000 19,000 9 years 288,000 18,400 8 years Annual income is constant over the life of the project. Each project is expected to have zero residual value. Calibrachoa Corp, uses the straight-line method of depreciation. Instructions (a) Determine the internal rate of return for each project. Round the internal rate of return factor to three decimals. (b) If Calibrachoa Corp's minimum required rate of return is 10%, which projects are acceptable? Question 2 (1 point) Saved Cost-volume-profit analysis includes all of the following assumptions except: (choose Changes in activity are the only factors that affect costs Y The behaviour of costs is curvilinear throughout the relevant rang All units produced are sold All costs can be classified as either variable or fixed