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This is a two-part question Scotch can expand a successful manufacturing line for an immediate investment of s93 million. The company anticipates that the project

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This is a two-part question Scotch can expand a successful manufacturing line for an immediate investment of s93 million. The company anticipates that the project will generate a cash flow of $159 million in 9 years (and only in that one year). The company considers the required rate of return of the project to be 10.49% PART 1. Calculate the project's internal rate of retum Notes on Formatting: Place your answer in PERCENTAGE form with two decimal places of accuracy. For example, if your answer is thirteen point seventy five percent, then place your answer as 13.75 and NOT as 1375 NOW GO ON TO THE SECOND PARTI PART 2. Given your estimate of the IRR, should Scotch accept or reject the project? Type the word "accept" If you believe they should go ahead with the project or the word "roject if you believe they should not go ahead with the project

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