Suppose that a project required an initial investment of $24000 and was expected to generate cash inflows of $10000,$10000 and $10000 for the next three years. Calculate IRR? Is this project worth funding when the company's required rate of return is 15% ? B. ABC Motors is presently manufacturing passenger cars and wanted to shift to electric cars. What factors should the company consider to determine the demand of electric vehicles in India and also determine the capacity of the plant? (3+3=6)

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