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A senior design project has a total capital investment of $15,500,000, of which 10% is working capital. Their net annual profits are $3,500,000 in the

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A senior design project has a total capital investment of $15,500,000, of which 10% is working capital. Their net annual profits are $3,500,000 in the first ten years of their plant's life, and $3,100,000 afterword. Their plant has a total lifetime of 25 years, and their company expects 15% return on all investments, what is the net present worth of this project? What is the discounted cash flow rate of return? Should this project be pursued? 2

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