3. You are considering the launch of a new startup. The startup will cost $100,000 upfront. After that, it is expected to produce profits of $30,000 at the end of every year. The cash flows are expected to last forever. Calculate the NPV of this investment opportunity if your cost of capital is 7%. a. $375,000 b. $318,597 c. $328,571 d. $302,383 e. $338,348 You have been offered a very long-term investment opportunity. You can invest $1,000 today and expect to receive $70,000 in 28 years. Your cost of capital for this (very risky) opportunity is 30%. What does the IRR and NPV rules say about whether the investment should be undertaken? Do the two rules agree? a. IRR is 11.4% and NPV is-655.95; both rules agree-do not undertake the investment b. IRR is 11.4% and NPV is +655.95; the two rules don't agree C. IRR is 16.4% and NPV is-954.85; both rules agree-do not undertake the investment d. IRR is 3 e. IRR is 21.4% and NPV is +555.95; both rules agree-you should undertake the investment 1.4% and NPV is +655.95; both rules agree-you should undertake the investment