5 3 points Save Answer A firm has the opportunity to invest in a project that is expected to pay an end-of-year annual return of $1.5 million for each of the next twenty years after taxes and expenses. The current cost of the project would be $7 million Assuming a discount rate of 12%, as the required rate of return 79 WORDS POWERED BY TINY QUESTION(S): (a) Calculate the present value of the project to the firm. (1 mark) (b) Calculate the net present value of the project. (1 mark) (c) Using the net present value principle determine whether or not the firm should make the investment. (1 mark)