• GHI Corporation is evaluating a project with the following cash flows:

  • Initial Investment: $1,000,000
  • Cash Flows: $200,000 per year for 5 years

• There are three possible scenarios for the cash flows: optimistic, base, and pessimistic, with expected cash flows of $250,000, $200,000, and $150,000 per year, respectively. Calculate the NPV for each scenario and perform a scenario analysis.