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1. You consider building a project with a holding period of 6 years. Funds necessary to build the project will be obtained through a commercial

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1. You consider building a project with a holding period of 6 years. Funds necessary to build the project will be obtained through a commercial lender that will first require a $2,000,000 investment from you. The projected net cash flows during the six-year holding period are as follows: Year 1 $200,000 Year 2 $250,000 Year 3 $300,000 Year 4 $350,000 Year 5 $400,000 Year 6 $450,000 The project will be sold for $4,000,000 after 6 years with a $2,500,000 loan pay-off balance. If your MARR is 15%, will you do this project

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