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What is the value of the project below? Given your projections of net cash flows associated with the restaurant expansion are as follows and your

What is the value of the project below? Given your projections of net cash flows associated with the restaurant expansion are as follows and your expected return on this investment is 15%: Year 0: net cash inflow of $70,000 to expand the restaurant (Year 0 indicates the present time) Year 1: net cash inflow of $23,000 from the expansion Year 2: net cash inflow of $25,000 from the expansion Year 3: net cash inflow of $27,000 from the expansion Year 4: net cash inflow of $27,810 from the expansion Year 5: net cash inflow of $28,644 from the expansion Year 6 and after: net cash inflow of $29,762 from the expansion -$185,444.76 $185,444.76 -$175,444.76 $175,444.76

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