22. Billman Corporation has an investment opportunity that would require an up-front investment of $7,000,000 in assets and would bring in additional revenues of $3,000,000 each year for 4 years. The assets could be sold at the end of 4 years for $400,000. Billman has a tax rate of 30% and a required rate of return of 14%. a. Calculate the net present value of the investment opportunity. Dupon b. From a financial perspective, should Billman accept or reject the opportunity? ACC c. What is the payback period of the investment opportunity? d. Now assume the net initial investment and annual cash flows you calculated are the same, but the terminal value of the investment is zero. What range would the internal rate of return of the investment fall into? hotelul ungewoll de leumns baix instated leitini tan sri sm carb blow sgnen til os al stovni ada to oulsy lanimor adiud