A community hospital is considering buying a robot to perform robotic surgeries. The cost of the technology is 20 million dollars, the set up costs are 0.5 million dollars. The management estimates that it will cost cost them about $5 million in foregone revenue to train physicians and other staff to operate the unit in the first year of operation. After that, the robot is expected to bring $3 million per year that will grow at 7% annually. The cost of capital is 10%.

Should the hospital pursue this investment? , Why or why not?

Please show and explain your work clearly.