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A firm wants to introduce a new product to the market. Based on the information below, What year should it be introduced and why? Year

A firm wants to introduce a new product to the market. Based on the information below, What year should it be introduced and why?

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Year PVCI Cost NPVA NPVE 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 34,72931,821 20,923 4 73,205 36,465 36,740 21,006 5 80,526 38,288 42,237 20,999

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