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1 . Weare evaluating a project that costs $8460010 , has an eight- year life , and has no salvage value . Assume* that depreciation

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1 . Weare evaluating a project that costs $8460010 , has an eight- year life , and has no salvage value . Assume* that depreciation is straight - line to zero over the life of the project . Sales are projected at 70.0 00 units per year . Price per unit is $39, variable cost per unit is $ 21 , and fixed costs are $6240 010 per year . The tax rate* is 35%6 , and we require a return of 20% on this project

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