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The annual cash flows of a project are shown in the table below: Year t = 0 t = 1 t = 2 Cash Flow
The annual cash flows of a project are shown in the table below: Year t = 0 t = 1 t = 2 Cash Flow -$951 M $2,710 M $1,887 M The discount rate for the project is 29.0% per annum and spreadsheet analysis has found an internal rate of return of 21.0% per annum. Given this information should the firm invest in the project? (No answer given) ONone of the answers are correct There is not enough information ONo, the firm should not invest in the project The correct decision is unclear
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