1. A project under consideration costs $900,000, has a five-year life with no salvage value and straight-line depreciation to zero. Required return is 17% and tax rate is 34%. Sales are projected at 1,000 units per year. Price per unit is $2,500 and variable cost per unit is $1,500. Fixed Costs are $600,000 per year. > a. What is the NPV for this project? b. What is the IRR for this project? c. Should we take the project and why