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Calculate the net present value of the following investment. Your required rate of return is 1 1 % compounded annually. The investment costs $ 1

Calculate the net present value of the following investment. Your required rate of return is 11% compounded annually. The investment costs $100,000, cash flows at the end of years 1-5 are $5,000 per year, cash flows at the end of years 6-10 are $9,000 per year and the disposition (sale) cash flow at the end of year 11 equals $100,000. Is this a good deal?
-$30,053; this is a good deal
-$30,053; this is not a good deal
$30,053; this is not a good deal
$30,053; this is a good deal
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