Problem #1 - A company has an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.

Problem #1 – A company has an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.a. Should the firm undertake the project if the interest rate is 11 percent? 10 percent? 9 percent? 8 percent?b. Can you figure out the exact cutoff for the interest rate between profitability and nonprofitability?