Question 14

Please use excel spreadsheet

Please provide formuals used in excel

Step by step please

14. If the cost of capital is 9 percent and an investment costs $56,000, should you make this investment if the estimated cash flows are $5,000 for years 1 through 3 , $10,000 for years 4 through 6 , and $15,000 for years 7 through 10 ? 15. Management of Braden Boats, Inc. is considering an expansion in the firm's product line that requires the purchase of an additional $175,000 in equipment