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My answers are wrong. Please provide work. Thank you!!! Problem 5-7 IRR rule You have the chance to participate in a project that produces the

My answers are wrong. Please provide work. Thank you!!! image text in transcribed
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Problem 5-7 IRR rule You have the chance to participate in a project that produces the following cash flows: Cash Flowe (5) CCC -3.000 .000 10.200 a. The internal rate of return is 10.25%. If the opportunity cost of capital is 10%, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ (5.429.75) b. Would you accept the offer? Yes No Problem 5-12 IRR rule The Titanic Shipbuilding Company has a noncancelable contract to build a small cargo vessel. Construction involves a cash outlay of $264,000 at the end of each of the next two years. At the end of the third year the company will receive payment of $630,000. Assume the IRR of this option exceeds the cost of capital The company can speed up construction by working an extra shift. In this case there will be a cash outlay of $574.000 at the end of the first year followed by a cash payment of $630,000 at the end of the second year. Use the IRR rule to show the approximate) range of opportunity costs of capital at which the company should work the extra shift (Enter your answers as a percent rounded to 2 decimal places. Enter the smallest percent first.) The company should work the extra shift if the cost of capital is between 0.23% and 0 .23%

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