Question1 : Archer daniels midland company is considering buying a new farm that it plans to operate for 10years. the farm will require an initial of $12.00 million. this investment will consist $2.50 million for land and $9.50 million for trucks and other equipment. the land, all trucks equipment is expected to be sold at the end of 10 years at a price of $5.17 million,$2.16 million above book value. The farm is expected to produce revenue of $2.05 million each year, and annual cash flow from operations equals $1.85 million. the marginal tax rate is 35 percent, and the appropriate discount rate is 9 percent. calculate the NPV of this investment.