Ailisten

Given the data in the following table, the IRR of this prolect is $\%$

NOTE: The table below applies to questions $32$ to $36(1$t is included on each of these questions$).$

ASC, Inc. is considering the production of a now line of soft drinks at ils springfield, IL plant. The CFO of ASC, Ino. is provided with the following information on the new project

$>$ The expansion will require the immediate purchase of new machinery for $$29,000,000.$The company uses straight$-$line depreciation. The project has an economic life of $10$ years. The machinery has a salvage value of $$1,000,000$ and will be sold for that amount at the conclusion of the project.The company will increase net working capital by $$1,200,000$ at the beginning of the project, and If will be liquidated at the end of the project$\mathrm{.}15\mathrm{.}9319\mathrm{.}4016\mathrm{.}1815\mathrm{.}5614\mathrm{.}88$