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P11-16 (similar to) A Question Help 0 Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: 2 T3 Click on the

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P11-16 (similar to) A Question Help 0 Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: 2 T3 Click on the Icon in order to copy its content into a spreadsheet. Category Investment - $8,987,358 Net working capital change - $732,000 Operating cash flow $2,930,000 Salvage $3,431,000 $732,000 $4,061,000 $364,000 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. ? 1 part remaining Clear All Check

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