The company needs to analyze the feasibility of investing in a project worth

$1 000 000., Which is planned to receive cash flows during 3 years, namely:

1st year - $ 550 000,

2nd year - $ 600 000,

3rd year - $ 720 000. Assess the acceptability of the project:

1) at the average market rate of return (discount rate) of 20%;

2) the average market rate of return changes and will be respectively: 20%, 30%, 10%.