INSTRUCTIONS:

For the two projects below determine the NPV and IRR of each at a discount rate of $8\mathrm{.}70\%.$ Next use "Goal Seek" to find the "Rate of Ambivalence".

If interest rates are going up which project do you choose? $($Use the one$-$way data table to assisi you.$)$

$\backslash$table$[[$Project Cash Flows $($CDN$ Millions$)],[$Year$,\backslash$table$[[$Project A:$],[$Athabasca$]],\backslash$table$[[$Project B:$],[$Beta West$]]],[0,($$$178),($$$220)$