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You have been offered a unique investment opportunity. If you invest $ 1 5 , 0 0 0 today , you will receive $ 2

You have been offered a unique investment opportunity. If you invest $15,000today, you will receive $200,1 year from now, $1,200,2 years from now, and $15,000,10 years from now.
1. What is the NPV of the investment opportunity if the interest rate is 7%peryear?
The NPV of the investment opportunity if the interest rate is 7%per year is $ _____(Round to the nearestcent.)
2.Should you take the investmentopportunity?(Select the best choicebelow.)
a.Reject it because the NPV is less than 0.
b.Take it because the NPV is equal to or greater than 0.
3.What is the NPV of the investment opportunity if the interest rate is 3%peryear?
The NPV of the investment opportunity if the interest rate is 3%per year is $ _____.(Round to the nearestcent.)
4.Should you take the investmentopportunity?(Select the best choicebelow.)
a.Reject it because the NPV is less than 0.
b.Take it because the NPV is equal to or greater than 0.

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