Problem 22-18 A risky $380,000 investment is expected to generate the following cash flows: Year 1 2 3 4 $ 132,300 $ 169,495 $ 165,398 $ 143,200 a. If the firm's cost of capital is 10 percent, should the investment be made? Use Appendix B 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 should be made. b. An alternative use for the $380,000 is a four-year U.S. Treasury bond that pays $22,800 annually and repays the $380,000 at maturity. Management believes that the cash inflows from the risky investment are equivalent to only 60 percent of the certain investment, which pays 6 percent. Should the investment be made? Use Appendix B to answer the question. Do not round other intermediate calculations. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. NPV: $ The investment should not be made. Problem 22-18 A risky $380,000 investment is expected to generate the following cash flows: Year 1 2 3 4 $ 132,300 $ 169,495 $ 165,398 $ 143,200 a. If the firm's cost of capital is 10 percent, should the investment be made? Use Appendix B 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 should be made. b. An alternative use for the $380,000 is a four-year U.S. Treasury bond that pays $22,800 annually and repays the $380,000 at maturity. Management believes that the cash inflows from the risky investment are equivalent to only 60 percent of the certain investment, which pays 6 percent. Should the investment be made? Use Appendix B to answer the question. Do not round other intermediate calculations. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. NPV: $ The investment should not be made