Gulf Properties $($JP$)$ is evaluating six real estate investments. Management plans to buy the properties today and sell them five years from today. The following table

summarizes the initial cost and the expected sale price for each property, as well as the appropriate discount rate based on the risk of each venture.

$\backslash$table$[[$Project$,$Cost Today,Discount Rate,Expected Sale Price in Year $5],[$Mountain Ridge,$$3,000,000,15\%,$$$18,000,000$