Question-2: A company has the opportunity to take over a redevelopment project in an industrial area of a city. No immediate investment is required, but it must raze the existing buildings over a fouryearperiod and, at the end of the fourth year, invest $2,400,000 for new construction. It will collect all revenues and pay all costs for a period of 10 years, at which time the entire project, and properties thereon, will revert to the city. The net cash flows are estimated to be as follows: a) Check whether there exist multiple ROR. Use Descartes and Nordstrom rules. b) If there exists multiple ROR, then use MIRR with financing rate =8% and investment rate =10% todetermine the rate of return