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Please help solve! The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Project Number 2

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The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Project Number 2 Investment required (430,000) $(380,000) $(200,000) $(400,000) Present value of cash inflows at a 10% discount rate Net present value Life of the project 480,150 469,440 240,075 492,830 50,150 89,440 40,075 92,830 8 years 16 years8years 5 years Internal rate of return 13% 14% 15% 19% Because the company's required rate of return is 10%, a 10% discount rate has been used in the present value computations above. Limited funds are available for investment, so the company can't accept all of the available projects

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