Question: There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $35,611 and is expected to

 There are two projects under consideration by the Rainbow factory. Each

There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $35,611 and is expected to generate the following cash flows: A. Calculate the internal rate of return on both projects. Use the IRR spreadsheet function to calculate internal rate of return. \begin{tabular}{l|l} Alpha Project & % \\ \hline Beta Project & % \end{tabular} B. Make a recommendation on which one to accept

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