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setup costs to be ready to produce the part would be $8.04 million. Your discount rate for this contract is 8.2%. a. What is the

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setup costs to be ready to produce the part would be $8.04 million. Your discount rate for this contract is 8.2%. a. What is the IRR? b. The NPV is $4.59 million, which is positive so the NPV rule says to accept the project. Does the IRR rule agree with the NPV rule? a. What is the IRR? The IRR is \%. (Round to two decimal places.) b. The NPV is $4.59 million, which is positive so the NPV rule says to accept the project. Does the IRR rule agree with the NPV rule? (Select from the drop-down menu.) The IRR rule with the NPV rule

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