Question: Problem 1 2 - 2 2 ( Algo ) Capital rationing and mutually exclusive investments [ LO 1 2 - 4 ] The Suboptimal Glass

Problem 12-22(Algo) Capital rationing and mutually exclusive investments [LO12-4]
The Suboptimal Glass Company uses a process of capital rationing in its decision making. The firm's cost of capital is 10 percent. It will only invest $92,600 this year. It has determined the internal rate of return for each of the following projects.
\table[[Project,Project 5ize,\table[[Internal Rate of],[Return]]],[A,$21,900,15%
 Problem 12-22(Algo) Capital rationing and mutually exclusive investments [LO12-4] The Suboptimal

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