● A company is contemplating an investment project of 4 years with an initial outlay of `60,000. The Cash Inflows estimated from the project are `15,000, `20,000, `15,000 and `18,000. The estimated rates at which the above Cash Flows will be reinvested are as follows:

Year End 1 2 3 4 Reinvestment Rate 8 9 10 9 The Cost of Capital is 10% p.a. Analyse the viability of the project under Terminal Value Method.