5. If the factory takes 3 years to build and the $10 Billion capital spending is spread evenly and the $3 Billion tax incentives are evenly received over 15 years starting from the beginning, what is the net present value of the factory cost less incentives if the cost of capital is 10%? Please show the calculation as an NPV calculation using Excel. Hint : You will need to set up a calculation with 15 years of data. 6. Assume you are the state of Wisconsin and are offering $3 Billion evenly spread over 15 years and the benefits of tax revenue due to increased employment are estimated to be 15% of the economic impact calculated in #2, inflated by 3% per year and the cost of capital is 10%. What is the NPV of the tax incentive benefits? (8 points) Please show the calculation as an NPV calculation using Excel. Hint : You will need to set up a calculation with 15 years of data. Is it worth offering the tax incentive benefits? Yes or No. (2 points)