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Answer the following questions using the information below. Gavin Inc is in need of a computer network for their staff. They receive a proposal as below: Proposal Initial after-tax investment in equipment S102.000 Annual cash increase in operations Year 1 (before-tax) 60,000 Year 2 (before tax) 60,000 Year 3 (before-tax) 60,000 Terminal disposal value Estimated life 3 years 0 QUESTION 61 To compute Internal Rate of Return (IRR), please answer the below questions one by one. a. What is the computed Present Value Annuity Discount Factor (rounded to 3 decimal places)? b. What are the two neighboring Present Value Annuity Discount Factors from Appendix? c. What are the two discount rates corresponding to your answers in part b? d. Please write down the formula to calcute IRR as well as your final answer For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI S Paragraph Arial 10pt v v TT EBB E. EX B E D QUESTION 62 What is the computed Accrual Accounting Rate of Return (AARR)? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). M Paragraph Arial 10 . 72 Ba e 8 e 9 a QUESTION 63 Combining your answers to NPV and IRR methods should the management accept or reject the proposal? Why? For the toolbar, press ALT-F10 (PG or ALTAFN1510 (Mac). 5 Paragraph 10pt TT 35 E. EXPEED IM Anal V