Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on investment (ROD, which has been above 23% each of the last three years. Casey is considering a capital budgeting project requinng a. $5,800,000 investment in equipment with a useful tife of five years and no salvage vatue. Pigeon Cormpany's discount rate is 19%. The project would provide net operating income each year for five years as follows: Click here to view Exhibit 148-1 and Exhibut 1482 , to determine the approptiate discount factor(s) using tables Roquired: Rotuired: 1. What is the project's net present value? 2 What is the projects internal rate of Iefuin to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investrnent opportunity? A b. Would Cacegr be inclined to parsue this investment opportunify