Snap Inc. is considering a capital expansion project. The initial investment of undertaking this project is $188,500. 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 $28,500, $38,780, $58,960, $77,680 and $95,380 respectively. Snap's cost of capital is 18%. Question 18 (3.33 points) What is the NPV? Shall Snap undertake the investment project? NPV--$18,853.43. Snap shall not undertake the investment project since NPV0. O NPV-$1.127.65, Snap shall undertake the investment project since NPV>0. What is the modified internal rate of return if Snap undertakes this project? Assuming that the positive cash inflow from undertaking this project will be reinvested at the cost of capital. 17.41% 14.76% 15.54% 19.05%