Consider the following investment opportunity:

Initial cost beginning at time 0 = $15,000

Annual revenues beginning at time 1 = $20,000

Annual operating costs (not including depreciation) = $13,000

Annual depreciation = $3,000

Tax rate = 40%

Expected life of investment = 5 years

What is the IRR of this investment? Round answer to the tenth place. Blank 1. Fill in the blank, read surrounding text. %

What is the NPV of this investment? Round answer to the ones place. Do not enter commas. Enter negative numbers with a negative sign. Enter positive numbers without a sign. $ Blank 2. Fill in the blank, read surrounding text.

Should you pursue this investment if the WACC is 10%. Enter yes or no Blank 3. Fill in the blank, read surrounding text.