Check my work 10 Problem 3-11 0.75 points The Dallas Development Corporation is considering the purchase of an apartment project for $124,000. They estimate that they will receive $19,200 at the end of each year for the next 10 years. At the end of the 10th year, the apartment project will be worth nothing. Required: a. If Dallas purchases the project, what will be its internal rate of return, compounded annually? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. b. If the company insists on an 8 percent return compounded annually on its investment, is this a good investment? eBook % Print a. Internal rate of return b. Is this a good investment? References