Darin Clay, the CFO of MakeMoney.com, has to decide between the following two projects: Project Year...

 

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Darin Clay, the CFO of MakeMoney.com, has to decide between the following two projects: Project Year Project Billion Million 0 -$1,700 -$ 10 123 10+ 210 10+ 650 1,010 1,450 1,450 2,100 The expected rate of return for either of the two projects is 14 percent. What is the range of initial investment (o) for which Project Billion is more financially attractive than Project Million? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Darin Clay, the CFO of MakeMoney.com, has to decide between the following two projects: Project Year Project Billion Million 0 -$1,700 -$ 10 123 10+ 210 10+ 650 1,010 1,450 1,450 2,100 The expected rate of return for either of the two projects is 14 percent. What is the range of initial investment (o) for which Project Billion is more financially attractive than Project Million? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)