Based on your Net Present Value (NPV) and Internal Rate of Return (IRR) calculations, would this be a good investment for Ms. Jants? Answer "Yes", "No" or "Uncertain" in "!)" below. Provide a justification for your recommendation in "2)".

!:

2:

1 Chloe's Coffee Shop 2 3 4 Discount Rate 3.50% 5 Total Initial Investment $218,000.00 6 7 8 Cash Flows 9 Year 0 $218,000.00 10 Year 1 $10,000.00 11 Year 2 $12,300.00 Year 3 $15,100.00 13 Year 4 $18,600.00 14 Year 5 $22,800.00 15 Year 6 $28,100.00 Year 7 $34,600.00 Year 8 $42,500.00 18 Year 9 $52,400.00 Year 10 $64,400.00 20 21 Net Present Value $18,600.69 12 16 17 19 22 23 Internal Rate of Return 4.75%