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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 - $8,178,780 Net working capital change - $688,000 Operating cash flow $2,665,000 $3,239,000 Salvage $688,000 $3,836,000 $428,000 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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