ABC firm is considering a theoretical project it will undertake next year. Undertaking this project results in no cannibalization of your firms existing sales. The starting point for the projects Free-Cash Flow is $150,000.

Assume the project life is exactly 5 years in length. Assume undertaking the project increases your firms sales 8% in year 1. The effective tax rate is 22.27%. Assume a 5% growth rate in sales over each of the ensuing years. Assume machinery costing 145.5 Million dollars must be purchased to undertake this project. Assume it has zero residual or salvage value. Assume an increase in net operating working capital of 3% is required each year (one through five).

The WACC is 4.37%.

A. Calculate the NPV.

B. Also calculate the IRR and MIRR.

Please show work.

Make clear any sales price, variable cost, unit sales you assume in your analysis.