Question: 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

 You completed the analytical work (using the data shown below; same

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%

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