the net present value of the investment is $8.510, then Multiple Choice O the rate of return is less than the cost of capital. O the present value of the cash flows is greater than the required investment o the cost of capital is higher than the internal rate of return O the present value of the cash flows is $8.510 less than the Investment Prey 2 of 6 Next have a v er Advanced Digital Design is analyzing a capital investment project for using new computing technology to reduce current operating costs. The new computing technology salvage value at the end of five years. Advanced Digital Design's cost of capital is 12%. Relevant cash flows and present value factors for 5 years are solo Investment in computer technology - $500,000 Annual net cash savings from new computer technology - $135,000 Salvage value of new computer technology $0. Present value of $10.5674 Present value of an annuity of $13.6048 The present value ratio of the investment in new computing technology is: Multiple Choice 0 0 0 0 16 Next