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A certain investment proposal requires an initial outlay of $450,000, and has an expected useful life of 6 years, with an annual cash inflow of

A certain investment proposal requires an initial outlay of $450,000, and has an expected useful life of 6 years, with an annual cash inflow of $90,000 received at the end of each year. The company uses the straight-line method of depreciation. Ignore income taxes. The company has a 10% discount rate. b) Compute the net present value of the proposal. (2 marks) c) Would you recommend this proposal be accepted? If yes, please explain. If not, then what would be an out-of-the-box question to be addressed to make this investment acceptable

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