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Your factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash

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Your factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash flows from the contract would be $4.92 million per year. Your upfront setup costs to be ready to produce the part would be $7 94 million Your discount rate for this contract is 7.6%. b. The NPV is 54.83 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? a. What is the IRR? The IRR is % (Round to two decimal places.)

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