Question: Question 2 (2 points) Precision Manufacturing Ltd is thinking about investing in a new project. The project's NPV is $5,850 and its IRR is 13%.

 Question 2 (2 points) Precision Manufacturing Ltd is thinking about investing

Question 2 (2 points) Precision Manufacturing Ltd is thinking about investing in a new project. The project's NPV is $5,850 and its IRR is 13%. The project will cost $100,000 and will have an 18 year life. If the company's WACC is 12%, what annual net cash flow must project produce? a) $42,413 b) $14,600 Oc) $13,760 d) $15,475

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