3. Determine whether it is economically desirable to sell the development right to a new process for $150,000 cash offer at time zero or to keep the rights and develop them using one of the two development scenarios. The project net before-tax cash flows for each alternative are presented in the following time diagrams. These diagrams also reflect the money previously invested in developing this process. Use NPV, ROR, and PVR analysis techniques to make this economic decision for a minimum rate of return of 15%. Then, consider the sensitivity of changing the discount rate to 20%. All dollar values are in ooos. Year -2 -1 1 2 3 8 9 10 (A) Develop |-100 -250 -200 |-350 100 100 150 III... 150 (B) Develop -100 -250 -300 -400 200 200 200 I..... 200 200 200 (c) Sell -100 -250 150 3. Determine whether it is economically desirable to sell the development right to a new process for $150,000 cash offer at time zero or to keep the rights and develop them using one of the two development scenarios. The project net before-tax cash flows for each alternative are presented in the following time diagrams. These diagrams also reflect the money previously invested in developing this process. Use NPV, ROR, and PVR analysis techniques to make this economic decision for a minimum rate of return of 15%. Then, consider the sensitivity of changing the discount rate to 20%. All dollar values are in ooos. Year -2 -1 1 2 3 8 9 10 (A) Develop |-100 -250 -200 |-350 100 100 150 III... 150 (B) Develop -100 -250 -300 -400 200 200 200 I..... 200 200 200 (c) Sell -100 -250 150