nments gnment List gnment Notes Menu vious Item t Item munication nd Message w Messages cellaneous pendix Question 1 Status: ? 2 3. 5 8. 10. You have 1 hours, 54 minutes, 39 seconds left. Ford Motor Company is considering producing a new extremely limited-edition version of the Edsel (why, we have no idea!). The initial costs associated with retooling a manufacturing plant, redesign, initial marketing, raw materials and other costs would be $10 million at time zero. What comes closest to the IRR on this project? O 6.00% 9.59% 6.94% O 0.59% O8.07% The project is expected to generate ONLY ONE positive cash flow of $16 million. Given the complexity of the project, the cars will not be ready until 7 years from now. Ford estimates that shareholders will require to earn 18% on investments such as this. PM Is this a