Discussion
Analyze the reasons why the short-term project that you have chosen might be ranked higher under the NPV criterion if the cost of capital is high, while the long-term project might be deemed better if the cost of capital is low. Determine whether or not changes in the cost of capital could ever cause a change in the internal rate of return (IRR) ranking of two projects.
Take a position for or against TFC's decision to expand to the West coast. Provide a rationale for your response in which you cite at least two capital budgeting techniques (eg, NPV, IRR, Payback Period, etc) that you used to arrive at your decision.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.