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QUESTION
If project has a discount rate of 14%, with an initial cost of $99,200, an inflow of $56,400 in year 1 and an inflow of $75,900 in year 2.
If project has a discount rate of 14%, with an initial cost of $99,200, an inflow of $56,400 in year 1 and an inflow of $75,900 in year 2. Your boss requires that every project returns a minimum of $1.06 for every $1 that's invested. Based on the information, what is your recommendation on this project?
