7. A company is considering investing $300,000 in a new manufacturing process that will reduce their defect scrap rate from currently 5% to 1%, a reduction of 4 percentage points. The current process defect scrap rate is costing the company $100,000 per year, If the life of the product produced is 15 years and there is no salvage value for the company, is the project justified at an internal rate of return (or MARR, minimum attractive rate of return) of 18%? would the project justified if only half of the projected savings are actually realized? [8 points) A. Answer NPW (at 18%) in whole dollars correct answer tolerance is +$5 B. Is the project justified (at 18%) Yes/No C. Answer NPw (at 18% and 1/2 of projected savings) in whole dollars correct answer tolerance is: $5 D. Is the project justified (at 18% and 1/2 of projected savings) Yes/No