a.	What is the profitability index of the project?
	1.30
b.	What is the IRR of the project?
	28.31%
c.	What is the NPV of the project?
	$ 18,096,790.85
d.	How sensitive is the NPV to changes in the price of the new PDA?
e.	How sensitive is the NPV to changes in the quantity sold?

I want to make sure a b and c are correct and need d and e

$ Equipment Pretax salvage value $ R&D 32,500,000 3,500,000 750,000 200,000 Marketing study $ Year 3 108,000 Year 4 94,000 Year 5 57,000 Sales (units) Sales of old PDA Lost sales Depreciation rate Year 1 65,000 80,000 15,000 14.29% Year 2 82,000 60,000 15,000 24.49% 17.45% 329% 17.49% 2954 12.49% 8.93% Price 500 215 4,300,000 35% 20% 12% Tax rate NWC percentage Required return Sales VC Fixed costs Dep EBT Tax Year 1 $32,500,000 13,975,000 4,300,000 4,644,250 $9,580,750 3,353,263 $6,227,488 4,644,250 $10,871,738 Year 2 $41,000,000 17,630,000 4,300,000 7,959,250 $11,110,750 3,888,763 $7,221,988 7,959,250 $15,181,238 Year 3 $54,000,000 23,220,000 4,300,000 5,684,250 $20,795,750 7,278,513 $13,517,238 5,684,250 $19,201,488 Year 4 $47,000,000 20,210,000 4,300,000 4,059,250 $18,430,750 6,450,763 $11,979,988 4,059,250 $16,039,238 Year 5 $28,500,000 12,255,000 4,300,000 2,902,250 $9,042,750 3,164,963 $5,877,788 2,902,250 $8,780,038 NI Dep OCF $0 $9,400,000 NWC Beg End NWC CF 6,500,000 ($6,500,000) $6,500,000 8,200,000 ($1,700,000) $8,200,000 10,800,000 ($2,600,000) $10,800,000 9,400,000 $1,400,000 $9,400,000 Net CF $4,371,738 $13,481,238 $16,601,488 $17,439,238 $18,180,038 Salvage BV of equipment Taxes $ $ 7,250,750 1,312,763 Salvage CF $ 4,812,763 Time $ Cash flow (32,500,000) 4,371,738 13,481,238 16,601,488 17,439,238 22,992,800