This is the discussion board question. I have access to the etext if you need it

This is the discussion board question. I have access to the etext if you need it. Mike Patel, president of North Publications, accepts a Capital Budgeting project proposal by Division X. This is the division in which the president spent his first 10 years with the company. On the same day, the president rejects a Capital Budgeting project proposal from Division Y. The manager of Division Y is incensed. She believes that the Division Y project has an internal rate of return at least 10 percentage points higher than the Division X project. She comments, “What is the point of all our detailed DCF analysis? If Watts is panting over a project, he can arrange to have the proponents of that project massage the numbers so that it looks like a winner.” What advice would you give the manager of Division Y?

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