Year	Cash Flow
1	$3,900,000
2	$4,017,000
3	$4,137,510
4	$4,261,635
5	$4,389,484
6	$4,521,169
7	$4,656,804
8	$4,796,508
9	$4,940,403
10	$5,088,615

Project cost $30,887,025

The companys normal IRR is 7%

Use 5% higher discount rate for the RADR method

For the CECF approach use the following
Year
1	98%
2	96%
3	93%
4	90%
5	87%
6	84%
7	80%
8	73%
9	70%
10	62%

Risk free rate 3%

Answer the following questions

1. What is the RADR, is the project acceptable? Why or why not.

2.What is the CECF, is the project acceptable? Why or why not.

3. Does either of the two approaches change your decision about opening a new sports retail store? What would you suggest to Brody