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

a$.$ What is the NPV of the opportunity if the cost of capital is $5\mathrm{.}3\%$ per$$ year? Should you take the$$ opportunity?

b$.$ What is the NPV of the opportunity if the cost of capital is $1\mathrm{.}3\%$ per$$ year? Should you take it$$ now?

Question content area bottom

Part $1$

a$.$ What is the NPV of the opportunity if the cost of capital is $5\mathrm{.}3\%$ per$$ year?

If the cost of capital is $5\mathrm{.}3\%$ per$$ year, the NPV is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

Part $2$

Should you take the$$ opportunity?$$

You

$$

should

should not

take this opportunity.$($Select from the$$ drop$-$down menu.$)$

Part $3$

b$.$ What is the NPV of the opportunity if the cost of capital is $1\mathrm{.}3\%$ per$$ year?

If the cost of capital is $1\mathrm{.}3\%$ per$$ year, the NPV is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

Part $4$

Should you take it$$ now?

You

$$

should not

should

take this opportunity at the new cost of capital.$($Select from the$$ drop$-$down menu.$)$

If the cost of capital is $5\mathrm{.}3\%$ per year, the NPV is $$($Round to the nearest cent.$)$You$($Select from the drop$-$down menu.$)$If the cost of capital is $1\mathrm{.}3\%$ per year, the NPV is $$($Round to the nearest cent.$)$You$($Select from the drop$-$down menu.$)$