Your factory has been offered a contract to produce a part for a new printer. The contract would last for 3 years and your cash flows from the contract would be $ 5.16 million per year. Your upfront setup costs to be ready to produce the part would be $ 8.01 million. Your discount rate for this contract is 8.5 %.
(a) What is the IRR?
(b) The NPV is $ 5.16 million, which is positive so the NPV rule says to accept the project. Does the IRR rule agree with the NPV rule?

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

mauve company permits employees to occasionally use the copying machine for personal purposes

answer; empowerment and collaboration;