Question: Please answer the two remaining questions: Indicate how the IRR is calculated using the factor arrived at above. And should the company invest in the

Please answer the two remaining questions: Indicate how the IRR is

Please answer the two remaining questions: Indicate how the IRR is calculated using the factor arrived at above.

And should the company invest in the removed? explain why or why not.

The Boston Culinary Institute is evaluating a classroom remodeling project. The cost of the remodel will be $350,000 and will be depreciated over six years using the straight-line method. The remodeled room will accommodate five extra students per year. Additional information relating to the project follows

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