This question: $2$ point$($s$)$ possible

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upfront setup costs to be ready to produce produce a part for a new printer. The contract would last for three years, and your cash flows from the contract would be $$5\mathrm{.}06$ million per year Your

a$.$ What is the IRR?

b$.$ The NPV is $$4\mathrm{.}92$ 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\mathrm{.}92$ 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 agre with the NPV rule.