Were Friends Corp. will invest $100,000 in a project that will not begin to produce returns until the end of the 4th year. From the end of the 4th year until the end of the 12th year, the annual cash flow will be $30,000. If the cost of capital is 10 percent, should this project be undertaken? (5)

We're Friends Corp. will invest $100,000 in a project that will not begin to produce returns until the end of the 4 th year. From the end of the 4 th year until the end of the 12 th year, the annual cash flow will be $30,000. If the cost of capital is 10 percent, should this project be undertaken