A widget factory costs $800,000 and will produce net cash flow starting next year of $150,000 per year for 10 years after which it will turn to dust. Year 0 1 2 3 4 5 6 7 8 9 10 Cash Flow ($millions) -800,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 Assume the discount rate is: 12% 1/ How much is the Present Value of all the future cash flows the factory is going to generate? 2/ How much is the Net Present Value of the widget factory acquisition project? 3/ By trial and error, which discount rate makes the Net Present Value of the project equal to zero?