Chapter $11$ Homework $-$ The Basics of Capital Budgeting

Consider this case:

Suppose Pheasant Pharmaceuticals is evaluating a proposed capital budgeting project $($project Alpha$)$ that will require an initial investment of $$550,000.$ The project is expected to generate the following net cash flows:

$\backslash$table$[[$Year$,$Cash Flow$],[$Year $1,$$$300,000$