Fastrack Blkes, Inc, is thinking of developing a new composite road bike, Development wit take six years and the cost is $209,000 per year Once in production, the bae is easediest te maite 5313,600 per year for 10 years. Assume the cost of capital is 10% a. Calculate the NFV of this investrient opporturity, assuming all cash fiows occur at the end of each yoar, Shodd the company make tre imestment? b. By how much must the cost of capital estimate deviate to change the decision? (Hint Use Exceel to caloulate the IRR.) c. What is the NPV of the investrient if the cost of capkal is 14% ? Note: Assurne that all cash fows occur at the end of the appropeiate year and that the inflown do not start untl year 7. a. Calculate the NPV of this imestment opportunity, assuming at cash fows ocout at the end of each year should the conpary make the investmerif The present value of the costs is 4