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Afactory costs $410,000. You forecast that it will produce cash inflows of $125,000 in year 1, $185,000 in year 2, and $310,000 in year 3.
Afactory costs $410,000. You forecast that it will produce cash inflows of $125,000 in year 1, $185,000 in year 2, and $310,000 in year 3. The discount rate is 11%.
a.What is the value of the factory?(Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. is the factory a good investment
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