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Page5 3. DDR Enterprises is evaluating the following capital budgeting project Project CF, CF2 CF, MLDR $60,000 $60,000 $60,000 This project's Internal Rate of Return

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Page5 3. DDR Enterprises is evaluating the following capital budgeting project Project CF, CF2 CF, MLDR $60,000 $60,000 $60,000 This project's Internal Rate of Return is 13%. The company's cost of capital is 14% (5 points) a. What is this project's initial investment? (6 points) b. What is the project's Net Present Value? c. Should the company adopt the project? Why? (4 points)

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