Question 2 [8 Marks) Nashua is considenng expanding into the growing laser copier business Nashua estimates that this expansion will cost R18 million and will generate a 20-year stream of expected net cash flows amounting to R400,000 per year The company's weighted cost of capital is 15 percent Required 21 Calculate the net present value of the laser copier project using the company's weighted cost of capital and the expected cash flows from the project (3) 22 Using the risk-adjusted discount rate approach, management has decided that this project has substantially more nsk than average and has decided that it requires a 24 percent expected rate of return on projects like this Recalculate the risk-adjusted net present value of this project (3) Should Nashua accept this project? (2) 23