Assume that the initial outlay and depreciable base for a new project is 100,000. It is a 3-year asset for tax purposes and the tax rate is 35%. This project is expected to increase revenue by 30,000 each year for the next 3 years and then will be sold at the end of year three for 10,000. Assuming a discount rate of 5% What is the NPV? Based on these cashflows, calculate weighted average cost of capital if the worst case is a discount rate of 10%, the base case is a discount rate of 5% and the best case is a discount rate of 3%. Assume there is a 25% chance that the discount will be either 10% or 3% and a 50% chance that it will be 5%.