180,. 20, VEDU, WU, 5. ABC Colc ABC Co. is considering an investment in agricultural land in the Province of Alberta. The cost of the land is $20 million The first year operating cash flow is estimated at 120,000. The firm projects that this would arow by about 4% per year, on average, mito the indefinite future. The firm reu e 1596 rate of return to cover its funding costs. a. In the space below, compute the net present value of this proposed Investment. MACRS (10 yrs about 4% aug 1. 120,000 x blm (4 0 ) - 3716304.207 as 9 232615 1116304.207 sum of out 22.00 212615. b. In the space below, compute the annual growth rate in operating cash flow that would result in a net present value of zero, assuming a 15% required rate of retum. (10 points) of oct = 2,000 oro ( 14] - 104 24 . In 18650 about (14% c. At the growth rate computed in Bib., above, what is the investemnt's Internal rate of retum? (10 points)