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5. Problem 14-05 (Inveatment Timing Option: Option Analysis) Investment Timing Option: Option Anslysis milion a year at the end of each of the next 20

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5. Problem 14-05 (Inveatment Timing Option: Option Analysis) Investment Timing Option: Option Anslysis milion a year at the end of each of the next 20 years. The project's cont of capital is 13%. entered as 1.234, not 1,234,000, Round your antwer to three decimal placks. Use computer software packages, such as Minitab of Fuct, to solve this problem. 5

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