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Question 5: You are the manager of a company and need to decide whether to invest in a capital project. The project requires $2 mill,

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Question 5: You are the manager of a company and need to decide whether to invest in a capital project. The project requires $2 mill, $2.5 mill, and $3 mill to be invested at the beginning of the next three years, respectively. The project will be up and running after three years and will eam end-of-year net positive cash flows of $1.2 mill a year for ten years. The project begins returning positive cash flows in year four. If your required rate of retum is 15%, should you invest in this project

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