For the purpose of this assignment, a project is defined as any endeavor that had a capital outlay. Pick a project you h

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For the purpose of this assignment, a project is defined as any
endeavor that had a capital outlay. Pick a project you have
recently completed or one you would like to complete in the near
future. This could be a project in your home, place of work, or
even church or other organization with which you are familiar.
Respond to the prompts below.
Introduce your project with a reflection on the importance of
selecting the right projects in which to invest capital. Do we
always select those projects that have the highest return on
investment (ROI)? Describe the relationship between risk and return
and how you would measure for both in your project. What other
factors play into capital budgeting decisions? Explain how you
would calculate the weighted average cost of capital (WACC) and its
components for your project.
Please note this question asks how, and not for specific data.
Thank you.