Question: Using the IRR or NPV method calculate and determine if the capital budget project is viable project cost $2 million, project life 10 years and

  • Using the IRR or NPV method calculate and determine if the capital budget project is viable project cost $2 million, project life 10 years and cost of capital 15%.
  • Your company expects to save $450,000 per year for the next 10 years by purchasing the supplier.
  • The cost of capital is 15%.
  • The company believes it's initial investment to be $2 million.
  • Provide a recommendation for the organization

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