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QUESTION 1 An auto parts company is deciding whether to sponsor a racing team for a cost of $500000. The sponsorship would last for 5

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QUESTION 1 "An auto parts company is deciding whether to sponsor a racing team for a cost of $500000. The sponsorship would last for 5 years and is expected to increase cash flows by 540000 per year, if the discount rate is 8.8%, what will be the change in the value of the company if it chooses to go ahead with the sponsorship? Note Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an

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