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Your firm has an average - risk project under consideration. You choose to fund the project in the same manner as the firm's existing capital

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Your firm has an average - risk project under consideration. You choose to fund the project in the same manner as the firm's existing capital structure. If the cost of debt is 11.00%, the cost of preferred stock is 12.00%, the cost of common stock is 17.00%, and the WACC adjusted for taxes is 15.00%, what is the IRR of the project, given the expected cash flows listed here? Use a financial calculator to determine your answer. T2 T3 Category Investment NWC Operating Cash Flow Salvage Total Incremental Cash Flow - $2,000,000 - $350,000 $950,000 $950,000 $350,000 $950,000 $50,000 $1,350,000 - $2,350,000 $950,000 $950.000

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