You have been offered a unique investment opportunity. If you invest $20,000 today, you will receive $1,000 one year from now, $3,000 two years from now, and $20,000 ten years from now.

(a) The NPV of the opportunity if the interest rate is 10% per year is $__________. (Round to the nearest dollar.)

Should you take the opportunity (choose an option below)

-Reject it because the NPV is less than 0.

-Take it because the NPV is equal or greater than 0.

(b) The NPV of the opportunity if the interest rate is 6% per year is $__________. (Round to the nearest dollar.)

Should you take the opportunity (Choose an option below)

-Reject it because the NPV is less than 0.

-Take it because the NPV is equal or greater than 0.