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P11-16 similar to) Apply WACC In IRR. Leeward Salboats is reviewing the following new boat line: Click on the leon in order to copy its

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P11-16 similar to) Apply WACC In IRR. Leeward Salboats is reviewing the following new boat line: Click on the leon in order to copy its content into a spreadsheet Category 71 T2 Ta Investment $10,001,096 Net working capital change - $606,000 $606,000 Operating cash flow $3,300,000 $3,877,000 $4,687,000 Salvage $592,000 At what adjusted WACCs wil 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? D> (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 1 Part remaining Clear All

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