A firm is considering investing in a project that will yield the following cash flows.

Year $1-5=$ $$250,000,$ Year $6-9=$ $$50,000,$ Year $10=$ $$850,000$

Assuming a WACC of $8\mathrm{.}46\%$ and an initial outlay of $$3,000,000,$ explain why this is 'good' project or a 'bad' project. Explain why you answered 'Yes' or $\text{'}$No$\text{'}$ above.

Group of answer choices

Because the benefits outweigh the costs.

Because the costs outweigh the benefits