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Lse fhe following data to answer the mewt. THPlt quewtionst Iris Compsoy is considering a new investment project. The initat investment for the project is

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Lse fhe following data to answer the mewt. THPlt quewtionst Iris Compsoy is considering a new investment project. The initat investment for the project is $200,000, Iris is trying to estimate the nat cosfiflows after tax for this investment. She has aireachy figured out that the irvestment wal generote an annual after-tax eash inflow of 554,000 from the operntion, for tix purposes, the projected halvage vatue of the investiment is $32.000. The governmont tequires deprectating the vehicies using the straightsine method over the investiments lifo of 8 years: 1. Iris estimates that the maximum value it can sell the investment at the end of 8 years is $51,000. Assuming the tax rate of 30% S what in the net after-tak cashflow iris will receive frem seiling the investment at the end of 8 years? $5,700$45,300$51,000$35,700$26,300 2. iris estimates that the minimum value it can sell the investment at the end of 8 years is $26,500. Assuming the tax rate of 30%5. what is the net after-tax cashflow iris will recelve from solling the investment at the end of 8 years? $28,150$34,450$33,650$26,500$1,650 Finally, Iris expects that it will most likely sell the investment with the minimum valifo ot $26,500. Under this assumption, what is he Internal Rate of Return (IRR) for Iris's investment project? (For this question, you should be able to choose the correct. RR calculated by your calculator.) 22.14%

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