The cost of an investment is $50,000. There is a 60% chance that the investment will generate sales of $10,000 per year once in place for the foreseeable future. You will get to know if the venture is successful or a failure in a year's time. If the venture fails it will only make $5000 per year. If the investment fails you have the option of selling off the investment for $35000. The market cost of capital is 10%. Find the NPV of the project The cost of an investment is $50,000. There is a 60% chance that the investment will generate sales of $10,000 per year once in place for the foreseeable future. You will get to know if the venture is successful or a failure in a year's time. If the venture fails it will only make $5000 per year. If the investment fails you have the option of selling off the investment for $35000. The market cost of capital is 10%. Find the NPV of the project