Book Company is trying to decide whether to revise its popular textbook Finance made simple. The company has estimated that the revision will cost $153,000. Cash flows from increased sales will be $41,000 the first year. These cash flow will increase by 4 percent per year. The book will go out of five years from now. Assume that the initial cost is paid now and that the revenues are received at the end of each year. If the company requires a return of 10 percent for such investment, should it undertake the revision?

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