ETHICS PROBLEM Diane Dennison is a financial analyst working for chain of discount retail stores. Her company is looking at the possibility the existing fluorescent lights in all of its stores with LED lights. The man tage of making this switch is that the LED lights are much more efficient cost less to operate. In addition, the LED lights last much longer and will replaced after ten years, whereas the existing lights have to be replaced afer years. Of course, making this change will require a large investment to purdiag LED lights and to pay for the labor of switching out tens of thousands of bh Diane plans to use a 10-year horizon to analyze this proposal, figuring tha to lighting technology will eventually make this investment obsolete. P10-28 6 and 0 Diane's friend and coworker, David, has analyzed another energy ment opportunity that involves replacing outdoor lighting with solar-power tures in a few of the company's stores. David also used a 10-year horizon to his analysis. Cash flow forecasts for each project appear below. The compu 10% discount rate to analyze capital budgeting proposals. -savings ETHICS PROBLEM Diane Dennison is a financial analyst working for chain of discount retail stores. Her company is looking at the possibility the existing fluorescent lights in all of its stores with LED lights. The man tage of making this switch is that the LED lights are much more efficient cost less to operate. In addition, the LED lights last much longer and will replaced after ten years, whereas the existing lights have to be replaced afer years. Of course, making this change will require a large investment to purdiag LED lights and to pay for the labor of switching out tens of thousands of bh Diane plans to use a 10-year horizon to analyze this proposal, figuring tha to lighting technology will eventually make this investment obsolete. P10-28 6 and 0 Diane's friend and coworker, David, has analyzed another energy ment opportunity that involves replacing outdoor lighting with solar-power tures in a few of the company's stores. David also used a 10-year horizon to his analysis. Cash flow forecasts for each project appear below. The compu 10% discount rate to analyze capital budgeting proposals. -savings