You wish to build a bakery. The initial cost of the bakery is $36,000,000. You expect the bakery to work for 20 years. The expected annual profit or income is $2,000,000 in each of the 20 years under consideration: and to be discounted at 10%:
With Excel calculation, as done in class, would you accept or reject this investment project?
JUSTIFY WHY?
Include or attach you Excel calculation