An investment being considered by Siloam Spring Water Distributing requires an initial outlay of $1million and an additional outlay of $500,000 at the end of five years. The investment will provide returns of $200,000 a year for the first five years and $300,000 a year for the second five years. At then end of 10 years, the investment will be sold for a salvage value of $250,000. At a 10 percent effective required return, is this an attractive investment?