For this week′s assignment, you will be assessing the feasibility of a Capital Budgeting Project. Use the following Excel template to calculate the following for the Cleveland Browns who are considering renovations to their football stadium.
Payback Internal Rate of Return
Modified Internal Rate of Return
Profitability Index
Net Present Value
Assignment Details:
Calculate the above using Excel formulas and functions
Write a brief overview of the capital budgeting techniques you used and a recommendation to Mr. and Mrs. Haslem the owners of the Browns on the stadium renovation. Don′t forget to submit the spreadsheet with your name on it.
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