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Professor Wendy Sirith has been offored the following doat: A law frm would like to retain her for an uptront gayment of $54,000. In return,
Professor Wendy Sirith has been offored the following doat: A law frm would like to retain her for an uptront gayment of $54,000. In return, for the next year, the firm would have access to elght hours of ther time every month. Smith's rate is 5572 per hour, and her opportunity cost of capital is 17 . (equivabent annual rate, EAR). What is the IRR (annus)? What does the IRR rule edvise regarting this opportunity? What is the NPV? What does the NPV nule say about this opportunity? What is the iRR (annual)? The IRR (annual) is 6. (Round to two decimal plsces)
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