A travel agency wishes to estimate the present value of next year's cash flow from the purchase of 10 new airline reservation computers, at a cost of $10,000 per computer For simplicity, assume that the additional cash flows associated with the increase in booking capacity are all received one year from now The size of the increase is tied to the state of the economy Project return OutcomeProbabilityRC1 Recovery! 3/4 | 25%|$150,000|50%-150/100-1 Recession Depression! 1/16-15%| $5,000 3/16-190 | $35,000 | -65% 95% What is the present value of the additional cash flow one year from now if the risk-free return over the next year is 8.625% and the CAPM determines the expected return of traded securities