18 16.39827 14.99203 13.75351 12.65930 11.68959 10.82760 10.05909 9.37189 19 17.22601 15.67846 14.32380 13.13394 12.08532 11.15812 10.33560 9.60360 20 18.04555 16.35143 14.87747 13.59033 12.46221 11.46992 10.59401 9.81815 Duck Commander is considering the purchase of a facility in IL to expand their operations. This project makes Plit happy, happy, happy yet Willie requires analysis to explore whether this project makes sense. The facility will cost $3 million and will have a useful life of 10 years. At the end of the 10 years, the salvage value is $60.000. The facility will generate additional cash flow each year of $400,000. Duck Commander's cost of capital in 8%. Round answers to dollar Question 1 (6 points) Assume Willie wes the net present value method to evaluate this project. Calculate the net present values Question 2 (2 points) Based on your answer to #1. should Willie accept or reject this project? Question 3 (2 points) Jep mentioned that perhaps they should be using IRR to evaluate these projects, Uncle Si exclaimed intr- urghhhhh! What does the acronym IRR represent
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