AMD needs to fight the shortage of graphic cards

and increase production.

The company has an opportunity to build a new

plant.

The project costs $70 million (PV) and will take 1

year.

The cost of capital is 6% with c.c.

Plant depreciation for the 3 years in operation is

60% total.

The expected profit on increased production is

$320 per card. The new plant's production capacity

is 100,000 graphic cards per year, starting after 1st

year and lasting for 3 years.

What is NPV?