Ivanhoe Company is considering three capital expenditure projects. Relevant data for the projects are as follows. 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. Ivanhoe Company uses the straight-line method of depreciation. Clickhere to view the factor table. (a) Determine the internal rate of return for each project. (Round answers to 0 decimal places, es. 13\%. For calculation purposes, use 5 decimal ploces as disployed in the foctor table provided.) Determine the internal rate of return for each project. (Round answers to 0 decimal places, eg. 13%. For calculation purposes, use 5 decimal ploces as displayed in the factor table provided.) (b) If Ivanhoe Company's required rate of return is 11%, which projects are acceptable? The following project(s) are acceptable