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The development of a new marifuana edible will require the expenditure of $ 3 , 0 0 0 , 0 0 0 at the beginning

The development of a new marifuana edible will require the expenditure of $3,000,000 at the beginning of each of the next two years. Once legal, the product will reach the market at the beginning of year tiree and is expected to increase the firm's annual year-end profit by $800,000 for elght years Then the product line will be sold for a projected price of $3,000,000. If the firm's cost of capltal is 10.5%, should it proceed with the project? if the company can earn $5,000,000 for selling the product llne, should they proceed with the project and what is the NPV?
Multiple Chaice
No ($1.176,936)
No {5440,039}
Yes, $1,176,936
No $$40,039)
No,($1,986,936)
No ($620,039)
No,($1,986,936)
No ($520,039)
Yes, 51,176,936
Yes 5440,039
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