16. Assume that you are analyzing a 10-year project for a consumer product company five years into the project and that you have the following information about the project Forecast Year Investment EBIT(1-1) Cash Flow $(10.50) 0 1 2. 3 4 5 6 7 8 9 $1.50 1.60 1.70 1.80 1.90 2.00 2.10 2.20 2.30 2.40 $3.00 2.80 2.60 2.40 2.40 2.40 2.40 2.40 2.40 2.40 10 Actual Year EBIT (1-1) Cash Flow Investment S(10.00) 0 1 2 3 4 $1.60 1.65 1.75 1.85 2.00 $3.10 2.85 2.65 2.45 2.50 Question 5 (1 point) Refer to Chapter 15, Problem 16. The new forecasted cash flow to the firm for years 6- 10 is $2.4638, and the current cost of capital of 12%. The present value of continuing operations is $8.88. This statement is: True O False