Question:The Blue Hen Brewery, Inc. is considering an investment of $168,500 to create more brewing capacity to meet the increasing demand for their craft beer. They expect to generate the following net cash flows from this investment: year 1 of $86,000; year 2 of $91,000; and year 3 of $53,000, They use the IRR decision rule and want to know if this project should be accepted. 1. Calculate the NPV assuming a discount rate of 10% 2. Calculate the NPV assuming a discount rate of 30% 3. What is the approximate IRR: Less than 10% Between 10% and 30% O Greater than 30% 4. Should this project be approved if the required return is 15% O Yes O No Assignment: Problem Set 8C Question: The Blue Hen Brewery, Inc. is considering an investment of $168,500 to create more brewing capacity to meet the increasing demand for their craft beer. They expect to generate the following net cash flows from this investment: year 1 of $86,000; year 2 of $91,000; and year 3 of $53,000, They use the IRR decision rule and want to know if this project should be accepted. 1. Calculate the NPV assuming a discount rate of 10% 2. Calculate the NPV assuming a discount rate of 30% 3. What is the approximate IRR: Less than 10% O Between 10% and 30% O Greater than 30% 4. Should this project be approved if the required return is 15% 0 Yes O No