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A factory costs $510,000. You forecast that it will produce cash inflows of $155,000 in year 1,$215,000 in year 2 , and $370,000 in year

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A factory costs $510,000. You forecast that it will produce cash inflows of $155,000 in year 1,$215,000 in year 2 , and $370,000 in year 3. The discount rate is 11%. a. What is the value of the factory? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. Is the factory a good investment? Yes No

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