Question: how to calculate using Excel 1) A project has an initial outlay of $2.1 million and cash flows each year for 8 years of $350,000.

1) A project has an initial outlay of $2.1 million and cash flows each year for 8 years of $350,000. If the required rate of return is 5%, the Pl for this project is closest to: A. 1.08. B. 1.11. C. 1.18. 2) Cash flows for two projects are as follows: The discount rate at which their present values will be equal is closest to: A. 13%. B. 15%. C. 17%
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