Business, 22.09.2020 14:01 genaroaG6119

Ted, a project manager, wants to invest in a project with an initial cost of $58,500 and cash flows of $32,400 and $38,500 in Years 1 and 2. Rosita, his boss, requires a discount rate of 10 percent and also a return of $1.10 in today's dollars for every $1 invested. Will Ted get his project approved? Calculate IRR and PI for this project to make a decision.

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Ted, a project manager, wants to invest in a project with an initial cost of $58,500 and cash flows...

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