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y: Wk 3 Quiz [due Day 7] i Saved Help Save & Exit Submit A factory costs $320,000. You forecast that it will produce cash

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y: Wk 3 Quiz [due Day 7] i Saved Help Save & Exit Submit A factory costs $320,000. You forecast that it will produce cash inflows of $100,000 in year 1, $160,000 in year 2, and $260,000 in year 3. The discount rate is 10%. a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of the factory 98,481.60 b. Is the factory a good investment? O Yes O No

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