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Homework: Chapter 11 Homework Save Score: 0 of 1 pt 22 of 25 (20 complete) N Score: 74.67%, 18.67 of 25 pts P11-16 (similar to)

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Homework: Chapter 11 Homework Save Score: 0 of 1 pt 22 of 25 (20 complete) N Score: 74.67%, 18.67 of 25 pts P11-16 (similar to) Question Help Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line Click on the icon in order to copy its content into a spreadsheet Category To Ti T . Investment -$10,666,757 Net working capital change - $492,000 $492,000 Operating cash flow $3,634 000 $4220,000 $4 841,000 Salvage $517,000 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) Enter your answer in the answer box and then click Check Answer Clear Check 1 part remaining

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