Question: Question 30 (3 points) Hydroplane is considering adding another bluehouse that would cost $95,000 and generate $20,000 in annual net cash flows over it's 8

Question 30 (3 points) Hydroplane is considering adding another bluehouse that would cost $95,000 and generate $20,000 in annual net cash flows over it's 8 year expected life. The bluehouse would be depreciated on a straight-line basis to zero and the salvage value is also expected to be zero. If the firm has a marginal tax rate of 40 percent, what is this project's internal rate of return? between 7 and 8% between 13 and 14% between 20 and 24% between 28 and 32%

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