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Carr Company is considering two capital investment proposals.Estimates regarding each project are provided below: The company requires a 10% rate of return on all new investments.
-The internal rate of return for Project Nuts is approximately

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Use the following information for questions 
Carr Company is considering two capital investment proposals.Estimates regarding each project are provided below:  The company requires a 10% rate of return on all new investments. 
-The internal rate of return for Project Nuts is approximately

Quizplus · Accepted Answer

Project Nuts has an internal rate of return of approximately 11%, which is higher than the required rate of return of 10%. Therefore, it is a profitable investment option and should be chosen. Information about the internal rate of return for the second project is not given, so it cannot be determined which option is best.

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