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Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: T2 T3 Click on the Icon in order to copy its content

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Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: T2 T3 Click on the Icon in order to copy its content into a spreadsheet. Category To T1 Investment - $9,901,500 Net working capital change - $553,000 Operating cash flow $3,497,000 Salvage $4,015,000 $553,000 $4,851,000 $497,000 At what adjusted WACCs will the company accept this project? Hint: Find the IRR of the project, and use it as the maximum adjusted WACC for accepting the project. What is the IRR of the project? % (Round to two decimal places.)

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