ABC Enterprises needs someone to supply it with 100,000 cartons of machine screws per year to support its manufacturing needs over the next six years, and you've decided to bid on the contract. It will cost you $1,000,000 to install the equipment necessary to start production, you'll depreciate this cost straight-line to zero over the project's life. You estimate that, in six years, this equipment can be salvaged for $90,000 Your fixed production costs will be $500,000 per year, and your variable production costs should be $20 per carton. You also need an initial investment in net working capital of $100,000. Your tax rate is 21 percent and you require a return of 10 percent on your investment. *) (15 points) Find Of which makes the project NPV equal to rero b) (15 points) What bid price should you submit (according to tax shield approachi? SHOW YOUR WORK