Quiz Ch 11 – Camden Inc.
Fundamentals of Financial Management, Concise
Brigham and Houston
09th Edition
Given a project with an initial cost of $15,000, cash flows of $110,000 at the end of Year 1 and -$100,000 at the end of Year 2, a WACC of 10%, and multiple IRRs (6.33% and 527.01%) along with a MIRR of 11.32%, what is the recommended course of action to ensure the company’s best interest while aligning with the CFO and president’s preferences?