You completed the analytical work (using the data shown below; same as in the previous problem) and arrived at a conclusion regarding the project. You also made a recommendation to the Board. Explain your reasoning for making the recommendation to the Board. Data developed for the proposed project ($ 000s) Project's initial outlay -600 Cash flow years 1 - 8 70 Cash flow year 9 155 Required return on project based on risk 18% Edit View Insert Format Tools Table