Pitt Company is considering two alternative investments. The company requires a 12% return from its investments. Neither option has a salvage value. Project X Project Y Initial investment $254,666 $182,939 Net cash flows anticipated: Year 1 81,000 35,000 Year 2 60,000 56,000 Year 3 91,000 73,000 Year 4 82,000 69,000 Year 5 77,000 28,000 A. Compute the IRR for both projects using the IRR spreadsheet function. Project X fill in the blank 1 % Project Y fill in the blank 2 % B. Which project should be recommended.

Match the steps for conducting an informational interview with the task involved in each step or its purpose. 1. research your chosen career field. 2. identify someone to interview. 3. prepare for the interview. 4. conduct the informational interview. 5. follow up with your interviewer. a. learn more about a company that interests you. b. encourage the interviewer to do most of the talking while you take notes. c. write a handwritten -you letter to express that you want to stay in touch. d. make contact through email, a phone call, or mail to arrange the meeting. e. choose a conservative, professional ensemble to wear.