22-16 A risky $35,000 investment is expected to generate the following cash flows: 2 $15,000 The probability of receiving each cash inflow is 80, 70, and 60 percent, respectively. If the firm's cost of capital is 18 percent, should the investment be made? Use Appendix D to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. NPV: $ Year 1 $13,125 The investment should not be made. 3 $ 17,500

A risky $35,000 investment is expected to generate the following cash flows: The probability of receiving each cash inflow is 80,70 , and 60 percent, respectively. If the firm's cost of capital is 18 percent, should the investment be made? Use Appendix D to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. NPV: \$ The investment be made