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T3 Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: Click on the Icon in order to copy its content into

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T3 Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: Click on the Icon in order to copy its content into a spreadsheet. Category To T1 T2 Investment - $10,746,133 Net working capital change - $565,000 Operating cash flow $3,380,000 $4,029,000 Salvage $565,000 $4,913,000 $582,000 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.)

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