Please write your solutions (show all work!) on a sheet of paper, and upload the answer below. You work for a record label and are interested in signing a new artist. Their first album is expected to sell 100,000 copies in the first year, and the sales are projected to decrease at a rate of 10% per year until the label stops selling the album in 30 years. For each album sold the label earns $5. If your required rate of return is 7%, and it would cost you $3 million upfront to product, advertise, and distribute the album, should you sign the artist