You are considering a 6-year project that requires an initial investment of $2,000,000. The project will generate the following net cash flows:

Year	Good	Average	Poor
1	$400,000	$350,000	$300,000
2	$450,000	$375,000	$325,000
3	$500,000	$400,000	$350,000
4	$550,000	$425,000	$375,000
5	$600,000	$450,000	$400,000
6	$650,000	$475,000	$425,000

Probabilities: Good (40%), Average (45%), Poor (15%)

Requirements:

(a) Calculate the expected net cash flow for each year. (b) Determine the discount rate using a WACC of 8%. (c) Compute the NPV of the project. (d) Should you invest in this project?