A cfo believes project acceptance should be based on the


A Cfo believes project acceptance should be based on the nvp but Steve Camden, the president insists that no project should be accepted unless it's IRR Exceed the project's ris-adjusted WACC. now you must made a recommendation on a project that has a cost of 15,000 and two cash flows: 110,000 year 1 and 100,000 in year 2. the appropriate WACC for this project is 10% at 10%, the npv is 2,355.37, but you find two iris, one at 6.33% and one at 527%. what is your optimal recommendation?

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Financial Management: A cfo believes project acceptance should be based on the
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