AP/ADMS4540 Assignment #2 Winter 2016 Instructions:

please refer to question 5 for complete question. thank you 

Under which scenario(s) of base-case, best-case or worst-case would you recommend Samupgrade the railroad company’s station equipment on the basis of NPV?Find the IRR for the base-case. Use 27% (NPVBase =$ –7,760) or 7% (NPVBase =$ 181,137) asthe second rate depending if you need to increase or decrease the rate. Show all working stepsclearly.