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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 T1 Investment - $9,118,265 Net working capital change - $534,000 Operating cash flow $2,966,000 Salvage $3,474,000 $534,000 $4,066,000 $434,000 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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