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Q1: Twenty-First Century research and development enterprise has won a 2-year contract from NASA for a feasibility study to develop a township in space. The

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Q1: Twenty-First Century research and development enterprise has won a 2-year contract from NASA for a feasibility study to develop a township in space. The company will receive an advance of 30 million dollars on signing the contract and two more payments of $31.5 million and S4 million respectively on the first and second anniversaries of the contract. Assume that the costs of the project are estimated to be $35 million now, $20 million during year 1, and another $10 million during year 2. Determine the ROR for the project? (Show detailed calculations)

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