You are considering an investment that costs you $45 million up front and offers you $10 million in one year, $20 million in two years, and $30 million in three years. You plan to pay for the investment with 25% debt and 75% equity. The annual interest rate on debt is 5%. The risk-free rate is 3%. Your beta is 1.5. The market return is 7%. You are not sure of the marginal tax rate. Should you take the investment? O Yes, because the net present value is negative O No, because the net present value is positive No, because the net present value is negative Yes, because the next present value is positive Yes, because the $60 million you make is greater than the $50 million initial cost You are considering an investment that costs you $45 million up front and offers you $10 million in one year, $20 million in two years, and $30 million in three years. You plan to pay for the investment with 25% debt and 75% equity. The annual interest rate on debt is 5%. The risk-free rate is 3%. Your beta is 1.5. The market return is 7%. You are not sure of the marginal tax rate. Should you take the investment? O Yes, because the net present value is negative O No, because the net present value is positive No, because the net present value is negative Yes, because the next present value is positive Yes, because the $60 million you make is greater than the $50 million initial cost