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You have been offered a unique investment opportunity. If you invest $9 600 today, you will receive $480 one year from now, $1 440 two

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You have been offered a unique investment opportunity. If you invest $9 600 today, you will receive $480 one year from now, $1 440 two years from now, and $9 600 ten years from now. a. What is the NPV of the opportunity if the cost of capital is 5.8% per year? Should you take the opportunity? b. What is the NPV of the opportunity if the cost of capital is 1.8% per year? Should you take it now? a. If the cost of capital is 5.8% per year, the NPV is $ - 2397.08. (Round to the nearest cent.) You should not take this opportunity. (Select from the drop-down menu.) b. If the cost of capital is 1.8% per year, the NPV is $292.48. (Round to the nearest cent.) . You should take this opportunity at the new cost of capital. (Select from the drop-down menu.)

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