1. A company is trying to determine when to undertake a project bringing a new toy to market. The company has conducted a detailed analysis on the economic and market conditions over the next several years. Based on an expected improvement in the economic conditions going forward, the company has built the following table detailing the financial projections for each year the toy could be introduced. If the project can be undertaken in any year, in what year should the firm introduce the new toy? Why? (5 points) Year PV fcf Cost NPV NPVO 0 50,000 30,000 20,000 20,000 1 55,000 31,500 23,500 20,435 2 60,500 33,075 27,425 20,737 3 66,550 34,729 31,821 20,923 4 73,205 36,465 36,740 21,006 5 80,526 38,288 42,237 20,999