Please consider the following information for the next 4 questions. TIAA Inc. is considering a capital expansion project. The initial investment of undertaking this project is $343,008. This expansion project will last for five years. The net operating cash flows from the expansion project at the end of year 1, 2, 3, 4 and 5 are estimated to be $55,902,$38,680,$170,553,$207,928 and $240,912 respectively. TIAA has a weighted average cost of capital of 20%. Question 14 (3.33 points) Based on TIAA's weighted average cost of capital, what is the NPV of undertaking this expansion project? That is, what is the NPV if the weighted average cost of capital is used as the discount rate? Shall TIAA undertake the investment project? NPV=$26,228.81. TIAA shall undertake the investment project since NPV>0. NPV=$21,857.34. TIAA shall undertake the investment project since NPV>0. NPV =$370,867.00. TIAA shall undertake the investment project since NPV>0. NPV=$74,193.40. TIAA shall not undertake the investment project since NPV>0. Please consider the following information for the next 4 questions. TIAA Inc. is considering a capital expansion project. The initial investment of undertaking this project is $343,008. This expansion project will last for five years. The net operating cash flows from the expansion project at the end of year 1, 2, 3, 4 and 5 are estimated to be $55,902,$38,680,$170,553,$207,928 and $240,912 respectively. TIAA has a weighted average cost of capital of 20%. Question 14 (3.33 points) Based on TIAA's weighted average cost of capital, what is the NPV of undertaking this expansion project? That is, what is the NPV if the weighted average cost of capital is used as the discount rate? Shall TIAA undertake the investment project? NPV=$26,228.81. TIAA shall undertake the investment project since NPV>0. NPV=$21,857.34. TIAA shall undertake the investment project since NPV>0. NPV =$370,867.00. TIAA shall undertake the investment project since NPV>0. NPV=$74,193.40. TIAA shall not undertake the investment project since NPV>0