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Problem 22-16 A risky $34,000 investment is expected to generate the following cash flows: Year 1 2 3 $18,375 $21,000 $24,500 The probability of receiving

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Problem 22-16 A risky $34,000 investment is expected to generate the following cash flows: Year 1 2 3 $18,375 $21,000 $24,500 The probability of receiving each cash inflow is 80, 70, and 60 percent, respectively. If the firm's cost of capital is 6 percent, should the investment be made? Use Appendix D to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar NPV! The investment be made

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