Check my work 1 The Charles Corporation desires to expand. It is considering a cash purchase of Atlas Enterprises for $2,600,000. The Atlas Corporation has a $670,000 tax loss carry-forward that could be used immediately by the Charles Corporation, which is paying taxes at the rate of 35 percent. Atlas will provide $370,000 per year in cash flow (aftertax income plus CCA) for the next 25 years. 10 points a. If the Charles Corporation has a cost of capital of 13 percent. compute the net present value. (Use a Financial calculator to arrive at the answers. Negative answer should be indicated by a minus sign. Round the final answer to the nearest whole dollar.) Skipped Net present value eBook b. Should the merger be undertaken? Print Yes References O No