> Question 20 10 pts Part 4 You finish the day with various meetings, phone calls, and tasks. You put a memo together for the CEO and board members that summarizes the decisions made by the investment committee for new projects and the status of various projects that the firm is pursuing. There is an error on this memo. What is the error: Project PI NPV IRR Disc Rate* Status | 1,75 +1.25MM 15% 12% B .95 -.98 MM 11% 12% .67 +3.24 MM 14% 10% Approved Rejected Approved Rejected Approved D .73 -1.2 MM 7% 10% E 3.20 +6 MM 21% 15% *Discount rate used to discount project cash flows (WACC). MM = millions O Project A IRR Project E Approved O Project B Rejected O Project C Profitability Index (PI)